Over the last couple of months, I’ve taken the time to survey the “playing field.” What do I mean by that? It’s simple when you think about it.
Remember, I’m a pretty boring kind of advisor. To those who truly follow me, that’s a good thing. I’m long-term, investing in high-dividend stable growth and turnaround “name-brand” stocks. I also make it a point to listen to others, especially investors I’m familiar with who do things the “right way.” I write, manage, and teach too.
I’m not just talking about Warren Buffett. No, there are many Warren Buffett types I follow. No, I’m talking about an older investor and business person I have known for years. He’s not interested in the attention, and I’m certainly not going to expose who he is, but my initial position in Ford is all his fault, thanks.
This is not my first foray into Ford. When the world was crumbling during the 2008 financial crisis, my investments revolved around depressed brand-name stocks like GE and Ford. My clients did quite well in both. I trust they’ll be happy with Ford in their future once again. We’ll soon find out.
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