Crying for joy?
I have lost money due to tips from friends, and due to "fantastic news!" from insiders or someone who knows someone!
Yet, on the other hand, I also have investments that I have held for over 15 years...which have paid dividends and multiplied several times the invested value already
I see the short term mistakes as the price to pay for not being disciplined and doing my homework. But the good thing is that those mistakes are small and they have taught me lessons on how to do proper valuations and to understand the fundamentals of a business.
Learning how to value a business is much more useful in investing than following stock picks, at the end of the day, we are buying a business NOT a ticker price.
Painful lessons are useless if we ignore the pain, but extremely valuable when we learn from it
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Research driven, hunter of strong moat businesses
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ThinkingApe : I guess you are engaged in long-term investment!The content of the post is too worth learning
Handy_ : When I made money in stocks for the first time, I cried with joy
Johnnie Worker Handy_ : I have the feeling either. It’s like joy from heaven
PirateyAhoy OP ThinkingApe : Yes, I'm a long term investor, who looks at free cash flow and fundamentals of a business because I believe that good companies grow and outperform the market over the long term
NANA123 PirateyAhoy OP : Accompany with the business to grow, be optimistic about it, and hold for the long time.
ThinkingApe PirateyAhoy OP :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
I hope I can have a chance to communicate with you