Hi All,
Just a general question? Is there any prodigy individual investor out there who offers his/her investment services to the Irish general public. (ie an individual who invests your money the same way that he/she invests their own money and puts their reputation on the line).
All responses will be greatly appreciated. Thanks In Advance.
Why not invest in Warren Buffett himself if you have such faith in him ?
Big currency risk!
It depends on how you view Warren Buffet. If hes used as someone to look up to as the OP indicated then why go for a fake ''Warren Buffet'' when you can have the real guy ? If anyone understands investing long term under difficult market conditions it has to be Buffet.
Warren Buffet invests globally plus his fund seems to be priced in dollars therefore its cheaper to buy now then before due to the weak dollar. Not only that but he will be looking for the best overall return , not a US dollar return. I heard the Euro might be in trouble too. One rule I'd advise the OP is don't put all your eggs in one basket.
Unlike W Buffett who advises against the portfolio theory (eggs, basket etc etc).
It depends on how you view Warren Buffet. If hes used as someone to look up to as the OP indicated then why go for a fake ''Warren Buffet'' when you can have the real guy ? If anyone understands investing long term under difficult market conditions it has to be Buffet.
Warren Buffet invests globally plus his fund seems to be priced in dollars therefore its cheaper to buy now then before due to the weak dollar. Not only that but he will be looking for the best overall return , not a US dollar return. I heard the Euro might be in trouble too. One rule I'd advise the OP is don't put all your eggs in one basket.
Buffets Berkshire Hathaway isnt an eggs in one basket affair as far as I know. its more like a managed fund isnt it ?
Big currency risk!
Investors who can't take any currency risks shouldn't be investing in the first place. It is just stupid to keep all investments only in Euro zone.
Nobody knows which way FX rates will go, but just like you can apply fundamental analysis and common sense to companies and industries you can apply it to currencies. Why buy a 'discounted' stock in an over-priced currency?On the currency exposure issue: I think this is a nonsense argument. Firstly you are using your skill in trying to pick stocks that are selling at discounts to future earnings, that in itself is impossible to nail down concretely. Then you are trying to predict what will happen in currency markets. It is all risk and currency exposure, or at least exposure to the dollar could work out in your favour. In other words, who is to know what way they will go.
Did anyone realise the impact Greece had on the Euro two weeks ago, of course not. Investing in dollar denominated stocks was advantageous in this case. Really what I am trying to say is, currency exposure is not an argument to prevent you investing in US markets. If it is you should not be investing (someone else stated this).
However, I was not saying that you shouldn't take on any currency risk, but the US$ is one of the riskiest currencies you could possibly choose.
As a non professional investor this is hard for me to get my head around.
Investing solely in the dollar e.g in a bank account or bonds is risky yet wont equities in the US do very well if the dollar goes down making their exports super competitive ? Do these 2 factors cancel each other out somehow ?
Hi All,
Just a general question? Is there any prodigy individual investor out there who offers his/her investment services to the Irish general public. (ie an individual who invests your money the same way that he/she invests their own money and puts their reputation on the line).
All responses will be greatly appreciated. Thanks In Advance.
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