Dear Diary,
I've been busy the past month, so I'm taking time to play catchup.
First, I bought more Medtronic (MDT) on 1-28-09, bringing my average purchase price down from $49.85 a share to $36.86.
Second, I bought more Heely's (HLYS) at $1.99 a share, bringing the average purchase price down to $2.16 a share from $3.28.
Lastly, I saw the ALO Cash on Sale Arbitrage finally pay me on 1-30-09 for a profit. I find that this Arbitrage approach has significant downside and little upside potential, so I'll probably not do too many of these in the future, unless I see significant upside on a deal.
I continue to have faith in my Buffett-Graham Net Quick Asset Deals, and Holy Grail remains outstanding.
Gene
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2005, In Front of IRS Building, Washington, D.C.
Diary of a Business Investor
Gene Chapman
2005, In Front of IRS Building, Washington, D.C.
About Me
- Gene Chapman, Author
- P. O. Box 295545, Lewisville, Texas 75029
- MahatmaGandhiGlobalLibrary.blogspot.com or LibertarianGlobalLibrary.blogspot.com gkchapman2012@hotmail.com "Creating World Peace One Word at a Time" And for those who wish, you are invited to participate in funding all aspects of and in the building of a physical library building within walking distance of both the White House and the U. S. Capitol Building in Washington, D. C., as a voice of nonviolence and a safe harbor for Gandhian intellectuals in this epicenter of political violence on earth.