23-07-2023, 01:23 PM
I am 70 years old this year and looking back, I wasted more than half of my life speculating in the stock market (in the Graham sense) without making any money. It was only when I was nearly 50 years old that I seriously started to learn about value investing.
Over the past 20 years, I have generated returns that is about 1/3 better than the index and I regret not starting value investing earlier.
When you are young, you are easily caught up in the excitement of the stock market. Value investing is not an exciting investing style. Noting happens in the first few years.
I hope that by sharing why I am a value investor, the younger audience can re-think their investing approach. Don't wait till you are 50 to start compounding money from the stock market.
I group the reasons why I am a value investor into 6:
For more in-depth discussions go to An Introduction to Value Investing - confronting value traps
Over the past 20 years, I have generated returns that is about 1/3 better than the index and I regret not starting value investing earlier.
When you are young, you are easily caught up in the excitement of the stock market. Value investing is not an exciting investing style. Noting happens in the first few years.
I hope that by sharing why I am a value investor, the younger audience can re-think their investing approach. Don't wait till you are 50 to start compounding money from the stock market.
I group the reasons why I am a value investor into 6:
For more in-depth discussions go to An Introduction to Value Investing - confronting value traps