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Four alternative roads to riches.

Authors :
PADLEY, MARCUS
Source :
Money (Australia Edition); Apr2024, Issue 276, p80-81, 2p, 1 Color Photograph
Publication Year :
2024

Abstract

This article explores four alternative approaches to investing that challenge traditional wisdom. The first approach, known as the Boat Fund, emphasizes the importance of diversifying investors rather than investments. By combining the knowledge and experience of two traders, the risk is reduced and the chances of success are increased. The second approach suggests creating a one-stock portfolio, which allows for more intense focus and attention on a single investment. The third approach, called the Blunderbuss, involves investing in highly leveraged small stocks with the hope of hitting it big. The final approach, known as the Zombie, involves blindly holding onto a single stock with unwavering faith. While these approaches may be intriguing, it is important to approach them with caution and consider them as stories rather than advice. [Extracted from the article]

Details

Language :
English
ISSN :
14446219
Issue :
276
Database :
Complementary Index
Journal :
Money (Australia Edition)
Publication Type :
Periodical
Accession number :
175973935