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04-07-2023, 12:57 PM
(This post was last modified: 04-07-2023, 12:57 PM by Wildreamz.)
Agree. Personal finance. Different people have different reasons for investing. Personally, understanding the market has helped me understand how the world works, and shaped my education and career trajectory. I will be ok with not beating the index when all is said and done, as long as I don't lose too much along the way.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger
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Many people do have full time career yet find time to play games, watch video, etc. I would argue that instead of these hobbies, spending time to learn value investing can be more beneficial. I have a portfolio of about 30 stocks with an annual stock turnover of 10%. In other words about 2 to 3 stocks change every year. So it is possible to be a part-time value investor. You are probably thinking of having lots of stock turnover every year. It need not be. Secondly, there are many sites eg The Motley Fool, Seeking Alpha where you can tap into analyses by others