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02-08-2013, 11:23 AM
(This post was last modified: 02-08-2013, 11:31 AM by felixleong.)
Hm.. for me, maybe its because I only invest in stocks that's within my circle of competence, which is quite small so there's only a handful of stocks that I truly understand.
to be honest I kinda follow warren buffett's style, if you find something you really like, one must be willingly to make a big bet.
like how warren bet on Coke, he spent about 2.5 years only buying coke at an average 13 times earnings, it turn out to be one of his best investments.
Over the last 3 years, I managed to build up a position challenger from a range of 5 times earnings to 10 times earnings.
Cheers ^^
to be honest I kinda follow warren buffett's style, if you find something you really like, one must be willingly to make a big bet.
like how warren bet on Coke, he spent about 2.5 years only buying coke at an average 13 times earnings, it turn out to be one of his best investments.
Over the last 3 years, I managed to build up a position challenger from a range of 5 times earnings to 10 times earnings.
Cheers ^^