I buy debt-free or close to debt-free companies I understand at a bargain price. I look for a >25% margin of safety, but the cheaper, the better. I ignore the "Magnificent 7" hype; I’d rather dig in obscure corners for mispriced assets the crowd hasn't found yet.
I lost my entire inheritance in the '08 crash due to leverage, trading currencies, and being dumb. I know what it’s like to start at zero. Now, I’m building back with my own hard-earned money. I'm actually glad COVID happened; the lockdown enabled me to discover and use all the lockdown time to learn the basics of proper investing. I now know this is the way to go—it takes longer, but the risk is far lower than trading Forex and being stupid.
I stay concentrated (5-7 stocks max) because it’s easier for me to stay thoroughly informed, for me personally. I often "catch falling knives" when a price drops; this is a deliberate choice, not desperation. I just like them even more when they’re cheap!
Influenced by Buffett, Munger, Howard Marks, and Joel Greenblatt, I hold for 2-3 years minimum to give the company a chance to catch up to its fundamentals/potential—the longer the better for compounding. I never use stop-losses. I value the quiet path to wealth and getting a good night’s sleep. The eToro feed is filled with enough mainstream news from other PIs, so I won't be feeding the frenzy. Expect only 1-2 updates a year. Smooth sailing to us all. ⛵🧘♂️
Min. Copy: $500 (Recommended $1,000+)... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
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