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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (39984)11/10/2010 10:59:04 AM
From: Mr.Gogo  Read Replies (2) of 78666
 
Hi Paul,

thanks for the inspiring words (hope not because I am not a doctor :). As for the results, I don't think they matter anything unless you have gone through a whole cycle. I got keen on investing because of my boss. I thought it was only gambling. And I was lucky my colleague told me about mr. Buffet and the "intelligent investor". My boss is a very logical person and I said ok let me look deeper into this stock investing. Now I realize that he is a trader,but he is doing quite well.
In 2009 my result was +78%, but this year I am still -10% mainly because I did not have any money management. Too much concentration and a psychological mistake to chase the train. The last time it happened was yesterday with GMXR. I just forgot to buy it when E_K_S talked about it. And it was 17% up yesterday. Just an example.
I am sure it has happened to all of you. How do you deal with this?

Good Investing
Georgi
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