Wpr101 is my hero thank you Saul

Investing Strategies Abandoned Arctic Outpost #13
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I had to switch over to someone to follow because Saul bless him is aging and not posting much. Still love his forum.

I am following Wpr101 and as of friday I was 29.6% YTD. He is at least double that because I blinked when tRump started the tariffs and my port dropped 33%. But It has come back and continues to climb. This dumb little slob is very grateful to those that can focus and study these stocks. Sorry, but I cowardly follow someone if they are smarter than me.

So. . . bought the $2,200 guitar thanks to Wpr (ooo it rhymes!) but holding off on the $12k-$14k one that the guy who worked for Martin 41 years is building during his retirement. And frankly, my Ibanez $425 3/4 size 12-string still tickles my fancy more than any guitar I have tried. Looks like no Europe boat & bike for me having just got back from Albania 10 days, Croatia 8-day boat & mtb, North Holland 8- day boat and bike (130 germans and me haha).

So, this was posted on Saul’s group that I am not allowed to post on (fair enough, you can see why). It is a reply to Wpr101’s end of the month port update. It is about a book and it’s essence. So I don’t feel to bad about getting out at minus 33%. I do trim exceptional gains too (not enough for a $12k guitar but . . . ).

“twillo

16h

The new format (skipping the stategy) works well, in my opinion. Your opus includes plenty of strategy, fine to skip that on the reviews, unless of course the review itself alters your thinking. I’m very interested in the 2022 retrospective. A friend (a wealth manager) recommeded that I read: The Art of Execution: How the world’s best investors get it wrong and still make millions. I haven’t finished yet, but the author, who for years supervised a group of investors, noted certain habits that helped his best investors to outperform. He writes that a relatively concentrated portfolio with relatively long holding periods is how his best investors outperformed, but emphasized the importance of: (1) not allowing a loss to go beyond 30% because when losses go much beyond that, it becomes increasingly difficult to recover; (2) periodically harvesting a relatively small portion of accumulated gains which he believed helped them to remain psychologically balanced and less likely sell too much of a winning postion too soon. Your modus operendi is similar in the sense that you will sell a position down if it becomes larger than 25% of your overall portfolio. I’m very grateful that you and so many others on Saul’s take the time and effort to share the fruits of their knowledge and experience”

Cheers,

MoneySlob

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Thank you for all of that incredible feedback! It is great to hear how much value you have found from my postings as we carry on Saul’s legacy over there. Always nice as well when the investing works out so we can purchase some real life items.

I was also over in Croatia for a vacation back in July! Made a road trip from Vienna, Austria down to Dubrovnik for a few weeks.

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Repeating the thank you WPR, following you on YT, X and here on the Saul forum. Started moving some cash that i had sitting around into your selections and up nicely in just a month. Also now following a couple of the others on the Saul thread with a shoutout to Ryshab and Prust. Excellent information from pretty much all the Saul posters and it was good to see Bear drop a post too…doc

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Nice! That’a awesome you are finding that much value in the content and booking some recent gains. It was a strong month for results as well with the market waking up to the opportunity in a lot of growth names we are holding.

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