Thursday, April 21, 2011

Portfolio at All Time High

TASE reached its highest level ever while the shekel is strengthening (3.39 shekel/US$) so my portfolio is healthy. Today I bought some Netsba shares, a medium-sized building company. The reason: (1) I made a project for them and liked working with them, they are active responsive people. (2) The project was approved immediately and they paid me an unsolicited bonus, (3) They gave me another work order, and (4) They seem most friendly and nice. My rule is to invest only in companies I have direct experience with, that I know what they do: Netsba seems a good company.

2 comments:

Anonymous said...

So you partook in shares of a company lose with the purse string in a recession, i hope you grilled their books. Money-grubbing stingy ones survive. Unless of it's a short

J said...

Israel is not in recession but furious growth. Good consulting engineers available for fast jobs, who deliver on schedule, are scarce. Here and everywhere. The name of the game is to identify and attract the best people available. Being generous and rewarding to those who provide results is the best management strategy. Nitsba seems a good company to work for.