Since we've wandered off-topic, I'll just take sympathy with you that it's a tough investing universe. Everyone, I think, flings around for a while before finding a personal style that works and that one feels comfortable with. My general advice is to buy quality when no one else seems to want it and avoid junk no matter how low the cost. Boy, have I paid to learn that one. I think looking at what a top fund manager that you like is holding is an excellent place to start.
I obviously have come to the conclusion that TLAB is a quality outfit with a bright future, so I think you're looking in the right area. But I can't say whether you should watch it for a bit, hoping for a lower price (we're having the same discussion over on the CSCO board), or to get on before it's even higher (this is called chasing). Also can't say whether one of the many other alternatives might do better. Hey, if this was easy we'd all be millionaires already and there'd be no need for SI!
No matter what one does, it seems, the market makes one feel foolish to one degree or another. If you're really cautious, watch and wait til there's blood in the streets and everyone is crying about the end of the world being near (this happens periodically) and then buy one or two of the many top companies in your field. Don't overthink it too much (i.e., you have to accept some risk) and I believe you'll do OK in the long run.
Best of luck...
ChrisMeister |
