Australian (ASX) Stock Market Forum

"ROBIN HOOD STRATEGY"

“Most decisions should probably be made with somewhere around 70% of the information you wish you had. If you wait for 90%, in most cases, you’re probably being slow. Plus, either way, you need to be good at quickly recognizing and correcting bad decisions. If you’re good at course correcting, being wrong may be less costly than you think, whereas being slow is going to be expensive for sure.”

– Jeff Bezos
But on the other hand being slow off the mark can also be advantageous, especially if a dip in a particular stock is not foreseen, and then can be snapped up.
Swings and Roundabouts.
 
“Most decisions should probably be made with somewhere around 70% of the information you wish you had. If you wait for 90%, in most cases, you’re probably being slow. Plus, either way, you need to be good at quickly recognizing and correcting bad decisions. If you’re good at course correcting, being wrong may be less costly than you think, whereas being slow is going to be expensive for sure.”

– Jeff Bezos
i assume most of that 70% of the information is stale and lagging and the rest ( the forecasting ) is educated guess-work .

AND being slow when buying a down-trending stock can be distressing but profitable while selling an up-trending stock can be bewildering but also profitable , it is slow but following the trend that can be expensive ( especially if you chase the price )
 
31/5/25 Portfolio Update...........

26/4/25.....New Buy.....Constellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy......$187.50 USD (RH)

5/5/25.....New buy.....Block, Inc. (ASX: XYZ) is an American technology company and a financial services provider for consumers and merchants. Founded in 2009 by Jack Dorsey, it is the U.S. market leader in point-of-sale systems. As of 2024, Block serves 57 million users and 4 million sellers, processing $241 billion in payments annually.....$72.12 AUD (RH)

12/5/25.....New Buy.....Fletcher Building Ltd (ASX: FBU) Fletcher Building Limited is one of the largest listed companies in New Zealand, with a market capitalisation of nearly NZ$4 billion. The company was split from Fletcher Challenge in 2001, formerly New Zealand's largest business and multinational......$3.15 AUD (RH)

12/5/25.....New buy.....TPG Telecom (ASX: TPG) TPG is an Australian internet service provider that specialises in consumer and business internet services as well as mobile telephone services. As of August 2015, TPG is the second-largest internet service provider in Australia and is the largest mobile virtual network operator......$5.26 AUD (FF)
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STZ - 9.29........0.5%
XYZ + 24.39.....+33.82%
FBU -0.22..........6.98%
TPG -0.11..........2.09%


Overall + 14.77.....+24.70%

Early Days for the 2 strategy's so i'm not getting ahead of myself!

RH after price paid= Robin Hood Strategy.....1-5 Years unless we get Lucky ha ha
FF after price paid= Fast Food strategy..........Upto 1 year ( Hopefully)
 
9/6/25.....New Buy.....First majestic silver ( NYSE: AG ) First Majestic Silver Corp. is a Canadian silver-mining company that operates in Mexico and the United States. It has four producing mines under its control: San Dimas Silver/Gold Mine, Santa Elena Silver/Gold Mine, La Encantada Silver Mine, and Jerritt Canyon Gold Mine......$8.61 USD (FF)

AG.
....This stock was mentioned in a Thread & after looking at the stock it fell within my buy range for the Fast food strategy so decided to buy a small parcel.

9/6/25.....New Buy.....United Healthcare Inc ( NYSE: UNH ) UnitedHealth Group Incorporated is an American multinational for-profit company specializing in health insurance and health care services based in Eden Prairie, Minnesota.....$309.80 USD (RH)

UNH.....Undervalued?
I do Believe there is a Nice Margin of Safety in Buying this stock at it's Current Price.

Simple observations, but as Always "Mr Market" will have the Final say on where our stocks go.

Until Next Time.....Onwards & Upwards!!:)
 
Portfolio update

26/4/25..
...New Buy.....Constellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy......$187.50 USD (RH)

5/5/25
.....New buy.....Block, Inc. (ASX: XYZ) is an American technology company and a financial services provider for consumers and merchants. Founded in 2009 by Jack Dorsey, it is the U.S. market leader in point-of-sale systems. As of 2024, Block serves 57 million users and 4 million sellers, processing $241 billion in payments annually.....$72.12 AUD (RH)

12/5/25.
....New Buy.....Fletcher Building Ltd (ASX: FBU) Fletcher Building Limited is one of the largest listed companies in New Zealand, with a market capitalisation of nearly NZ$4 billion. The company was split from Fletcher Challenge in 2001, formerly New Zealand's largest business and multinational......$3.15 AUD (RH)

12/5/25.
....New buy.....TPG Telecom (ASX: TPG) TPG is an Australian internet service provider that specializes in consumer and business internet services as well as mobile telephone services. As of August 2015, TPG is the second-largest internet service provider in Australia and is the largest mobile virtual network operator......$5.26 AUD (FF)

9/6/25
.....New Buy.....United Healthcare Inc ( NYSE: UNH ) United Health Group Incorporated is an American multinational for-profit company specializing in health insurance and health care services based in Eden Prairie, Minnesota.....$309.80 USD (RH)

9/6/25
.....New Buy.....First majestic silver ( NYSE: AG ) First Majestic Silver Corp. is a Canadian silver-mining company that operates in Mexico and the United States. It has four producing mines under its control: San Dimas Silver/Gold Mine, Santa Elena Silver/Gold Mine, La Encantada Silver Mine, and Jerritt Canyon Gold Mine......$8.61 USD (FF)

U.S Stocks.....USD


STZ.....$187.50...$162.63
UNH...$309.80...$311.72
AG......$ 8.61...$ 8.28

Total:....$505.91.....$482.63.....- $23.28.....-4.61%

OZ Stocks


XYZ.....$72.12.....$102.65
FBU.....$ 3.15.....$ 2.70

TPG.....$ 5.26.....$ 5.33

Total:.....$80.53.....$110.68.....+$30.15.....+ 37.44%

Simple observations, but as Always "Mr Market" will have the Final say on where our stocks go.:)

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2/7/25.....New Buy.....CSL Limited ( ASX: CSL ) CSL Limited is an Australian multinational specialty biotechnology company that researches, develops, manufactures, and markets products to treat and prevent serious human medical conditions......$240.15 AUD (RH)
 
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