Are missed opportunities a curse?

The past two months have been a great period to be a value investor. The All Ordinaries index, which began August around 5,700, finished the month around 5,100. If you had investable cash and you weren’t buying in August and September, what were you doing?Personally I’ve done a lot of switching. Some good performers in my portfolio were virtually unaffected by the market downdraught and were therefore looking comparatively expensive. But I’ve been a ‘net’ investor overall – I’ve put more cash into the sharemarket than I’ve taken out.I can’t disclose the stocks here – or I’d be giving away...

The past two months have been a great period to be a value investor. The All Ordinaries index, which began August around 5,700, finished the month around 5,100. If you had investable cash and you weren’t buying in August and September, what were you doing?

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