Derek's avatar
$90.6m follower assets
EOG resources declared yet another special dividend of $1.80 that will be payable in June. This company has been on my radar the last 18 months and i have never pulled the trigger
Eric Messenger's avatar
They still look like a strong company, but I don’t buy at highs. Statistically more probably to underperform now. Shoulda trusted your instinct 12-18 months ago, be taking profits or holding a very strong company for next to nothing prices. Those are the lessons that taught me the most. Developed the confidence and courage to pull the trigger next time when I KNEW I was right, regardless of what the market or the crowd though of the stock (the price). It’s liberating to finally be at the point where it’s 100% zen with my buys, zero doubt, no fear of any significant long term/2+ yrs of capital loss, regardless of the insanity going on around me. Those misses taught me a lot😉. Journaling has helped me study buys & passes, sells & holds, to determine which ideas were right in hindsight and why.

Derek's avatar
@wall_street_deebo I agree, I won't be buying them at these prices but at the time I felt that others were a better match and just kept them on my watchlist. As you said lessons are there to be learned as I'm sure there will be other companies that come around like this
Andermatt Research's avatar
You might have seen the Carl Icahn documentary on HBO Max ... Icahn's pillow: "Happiness is positive cash flow"
Eric Messenger's avatar
They always showed up on my screens I just don’t play on that sector. Always seemed like a quality company. Don’t see any glaring reason to avoid🤷‍♂️not as cheap as it was but still looks like a strong company.

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