Dod101 wrote:Thanks. I did not know about the IT heading for the moon, but the fact is that many ITs are boring, which is surely good. We do not want excitement from investment trusts, but long term investment horizons leading to good results on the whole.
Dod
Sorry, what is this "we"? Is it the royal "we"? Sure this is the "High Yield...." board, but there was no remarks about yield in the OP or article linked.
Personally I wouldn't invest in as many IT's as I do if they were as limited as you suggest. YES I do invest in many I regard as boring to many, but come on, I know that you invest in Scottish Mortgage (SMT), JUST how much off market investments are they making?
Ok, they do tell investors, the point was that you and I invest in a IT that is "not boring", I do so because I enjoy the ride. However, given that this is the "High Yield" board, defend our actions!
Hell just defend your argument that IT's are "boring". There is everything from space craft to ships in the mix.
Ps Ship is a ticker for an IT, guess what it invests in.