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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (75864)	8/9/2024 10:27:53 AM
From: Harshu Vyas	Respond to of 78476

Yeah, I'm a fan of such a move. I saw it drop into my inbox. ================================================================== OT: I've come back from a long trip and I've reflected a lot. I ought to reflect more but very rarely is my mind disengaged in this age of constant stimulation. Holidays are becoming my only refuge haha. Read Lynch's "One Up.." in the airport. Had started with "Beating the Street" what would be four years ago now and never really wanted to read the predecessor, partly because I wasn't a fan of the methodology. "One Up..." was a decent book that reinforced a few important ideas. If you have the Millennium Edition I recommend skimming through the introduction. Maybe it'll put things in perspective for you (it sure did for me :-) ). As for the overall book, I took one main point that I aim to imbibe and it's from Chapter 5. What goes on in the market is irrelevant and a distraction. As an investor, you should only care about, well, investing properly. Seems easy, but I've found it difficult to ignore commentary from "investing gurus", economists I admire(d) etc. and that's hindered my portfolio. Need to be more independent and less impressionable. I've also realised that theses with too many "ifs, buts and maybes" slowly become speculative (LUMN is an example that worked in my favour; CUTR is an example of the opposite). Ok, so today prices are more expensive so I've felt forced to kinda have to take that route but I'm confident that valuations will come back to us - eventually, that is. Lynch's frameworks are easily understandable and they're entirely logical -> makes it easier to have conviction when the share price slumps 20%. To be clear, I'm not a massive fan of Lynch. I think Buffett's the GOAT but I've taken more than I thought I would from his book. Want to also read "Great by Choice" by Jim Collins (Built to Last and Good to Great were epic imo). Of course, I'm never really buying such companies but it's always good to know what's "ideal." ========================================================================== Current portfolio: BBSI, MTG, LUMN, QRTEA Looking at quite a few other companies.