Someone’s ideal opportunity

I found this in my notes, copied from blog.intelligentinvestor.com.au, which now appears defunct:

My ideal opportunity is typically a cyclical stock that’s down more than 80% from its high, which is trading on four times peak earnings and where there’s some director buying. My best stock picks have typically come from this category.

Food for thought.

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About mcturra2000

Computer programmer living in Scotland.
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