Quote: (02-26-2014 05:53 PM)WestCoast Wrote:
To me there is only one situation when you buy individual securities.
1. You have met the management team
2. You are financially independent and you are only investing money above that financially independent level
3. You have a 100% understanding of basic finance concepts and the what is driving the business model
If you can say yes to 1, 2 and 3 I will not say squat about what you do with your money.
That's a pretty bold statement WC. Though not one I disagree with.
Are you stating this for any company, or more speculative picks?