Good to hear things are clearing up. Here are some more tips that I've found useful:
1. think of the technologies or sectors under discussion as pins in the bowling alley: take them on one at a time rather than all at once. So, for example, if you're an aspiring cree-tin, go through the Cree thread and the G&K thread and assemble and print out lots of good posts and data, then say to yourself, "next weekend I'm going to skim/read all this and come out with at least a rudimentary knowledge of the area, the company, etc." Do the same for each sector or company you're thinking of investing in, and over the course of a few months you'll know more than you'd ever have thought possible about the oddest things imaginable... Great cocktail party conversation! :0)
2. Don't feel the need to know about, or invest in, everything. To this day Merlin has not gone after JDSU, not least because he doesn't feel the need to put all the work into educating himself about the details of fiberoptics and so forth. Cha2, meanwhile, years ago decided that fiber and wireless were going to be his two chief concerns, and specializes in those. He's taken some small positions outside those sectors, but acknowledges himself to be a newbie outside his areas of true expertise. So start with a few areas or companies you are really interested in or excited about, get to know them, and only then move on to others.
3. Take no or only small positions until you know what you're doing and why. A small position that increases in value will give you an incentive to learn more, and simply by following the news about a company you'll pick up a lot.
hope this helps,
tb |
