Thursday, March 27, 2014

Investing Manifesto

Well recent events have proved to me exactly what kind of investor I really am.  Every time I step out of my comfort zone it ends badly.  So time to get back to what works.
  • I am a value investor, and if there is no value I do not invest; and I will not buy a company I do not want to own.
  • I am not a momentum investor, I cannot base a valuation on how long people will continue to drink the kool-aid.
  • I am not a growth investor, I can't buy purely based on someone else's crystal ball.
  • I am not a trader, watching the intraday ticker gives me an ulcer.
  • I don't buy (or sell) based on "tips," if it doesn't fundamentally make sense I don't do it.

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