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Strategies & Market Trends : Fundamental Value Investing

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From: Shane M1/6/2013 11:24:58 PM
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Hi all, I've intentionally been away from SI for a while. Just stopping in to share this comment/observation and see if anyone else has good viewpoint on this perspective. This is more about the psychology of investing than anything, but I've posted here in the past so felt like posting here.

Does anyone else feel you do better with your investment ideas in isolation - and/or that you do better with them if you don't pay them too much attention?

Additionally - do you think participating in investing forums and discussing your investments does you more harm than good?

I post this because a few years back I began to feel that my participation in boards such as these here on SI was leading me to make worse decisions. Not that there aren't good ideas here, but it's almost as if the fact of exposing ideas and discussing ideas tended to
a) talk me out of good ideas (there's always a reason to worry),
a1) help me maintain confidence in bad ideas,
b) tended to make me involve ego by overly "convincing" myself of a position,
c) overthink, and
d) over-watch - pay attention too much to weekly/ebb and flows instead of just letting an idea play out.

In particular, I find I operate best without too much attachment to investments, and the "debate" format and laying out of the merits of an investment tends drive me to "take sides" and invest my ego in the case. It seems just quietly making my call, and then letting things happen seems to work better for me, and helps keep my ego out of it.

I love the conversation in forums of all kinds - but they just seem to work against me I've found. Anybody else feel similarly?
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