06-02-2018, 05:43 PM
(06-02-2018, 04:45 PM)mattk Wrote: It also seems like I might save some time by studying others portfolios. In this space it seems there are always some companies that are included in all DG portfolios (Johnson & Johnson for example). Is there a need to do an in depth analysis there? Perhaps I'm trying to cut corners where I shouldn't.
I think that is a strategy a lot of us use to some extent or another. In that vein, this was an interesting exercise not so long ago, where a bunch of members submitted their top 10 holdings and we compiled the results.
You're always advised to do your own diligence, and I think it makes sense to know enough to be comfortable with what you're buying. But on the other hand, we've come a long way from the Peter Lynch days where there was any hope that an individual investor could gain meaningful insight or information about a large company like JNJ that wasn't broadly known or available.
My DGF journey has beed evolving such that I personally focus on the biggest, best of the best, non-cyclical, huge scale companies, and just wait for my price. That might mean I go very long stretches without buying, but when I do, I'm pretty comfortable and will have to do minimal monitoring.
And welcome to the forum!