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Das Portfoliopferd
@Portfoliopferd
1Anno·

I'll just put forward a thesis, you agree or prove me wrong:


"Sometimes it can be wise to enter into an investment without knowing a company's products in detail. Why? Because it forces you to focus on the potential of the company itself, rather than being influenced by personal preferences or prior knowledge."


Do you have shares that you have little to do with? For me at least $WSO (+0,11%)
$WING (+1,5%)
$UNP (+0,11%)

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Ludwig@LUD
1Anno
And how can you recognize the company's potential yourself (rationally, not emotionally) if you lack this crucial information or insight?
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Ella Marie Waschbär@DividendenWaschbaer
1Anno
@LUD Well, theoretically purely rationally via the figures. In theory, I don't need to know exactly what a company produces as long as I have the figures/balance sheets and can compare them with the peer group. Without this, however, I still lack a piece of information to be able to assess the potential in the future (i.e. the time after the expected outlook)
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Enrique@Dividenden_Monteur
1Anno
@DividendenWaschbaer if you want to compare something with a peer group, don't you have to know the product/service by then at the latest?
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Ella Marie Waschbär@DividendenWaschbaer
1Anno
@Der_Dividenden_Monteur Not necessarily. I can compare Imperial Brands and BAT and Phillip Morris without knowing which brands of cigarettes or smokeless alternatives they offer. Of course, I must logically be familiar with the industry itself.
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CashDividendGamer@CashDividendGamer
1Anno
Statements with "sometimes" are often difficult to refute completely. Also in this case. Therefore: yes, in some cases this may be the case, but certainly not always, as good product knowledge used correctly can be a valid additional information for an investment decision.
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Ella Marie Waschbär@DividendenWaschbaer
1Anno
A nice piece of portobello beef in BBQ sauce topped with onions and cheese. Delicious. Have I topped you wrong or right? 😂 Interesting thought. May well make sense. Contrast this with the statement "Only invest in what you know". If you can invest in something without emotional decisions playing a role, then that's certainly a good thing. However, I think you should ultimately understand the company and then, at the latest, a personal preference certainly plays a role. P.S.: Not "proves me wrong", but "disproves me/my thesis"
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Dennis@GordonGekko83
1Anno
It's definitely the case that I invest in companies whose business model I don't understand 100%. It's important to have an overview of the main business and to understand it, or at least the reasoning behind it. But I base my decision on the business figures and if they fit I have no problem with that. And seriously, I believe that very few people here invest in companies and have a 100% overview of the business model. 🤔
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Hendrik@hendrik_lmr
1Anno
I would say that at least private investors know the products of the companies in which they hold shares in detail. I personally know what an agricultural machine is, but I don't know how the various products of Deere & Co. $DE are structured and function. The same with Allianz $ALV. I know what insurance is, but I have no idea how they are reinsured by Allianz or what conditions apply to what kind of insurance. I'm sure you could find out, but I'm basically doing what you say in your thesis. So no, I wouldn't want to refute it
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Gerit@Gerit
1Anno
I appreciate a lot of products that I actually try to avoid and sometimes even "hate" to use, but are still subjectively the best -> having been on the product myself makes a lot of difference. I prefer to trust my judgment more often than that of others.
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AndyCap@FantomMuc
1Anno
Most private investors don't even know the key figures of a company. Almost only professionals deal with the products. Private investors often only buy the usual hyped stocks.
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Orrì T.@FN-1824
1Anno
I find the three stocks presented interesting. The long-term chart looks good and compared to the Msci World, the three have nothing to hide.👍🏻🚀
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