My Investing Muse

Over time, I have been introduced to value investing. Mr Warren Buffett aged 91 was my first reference. It is interesting to note that over USD$80 Billion in wealth (out of his USD$91 Billion as of late 2020) came after his mid-60s. Such is the power of compounding that Mr Charlie Munger rightfully calls   compounding the 8th wonder of the world . This has ranked Mr Buffett as one of the most successful value investors in modern times. It came as no surprise that I started to pay attention to his news article, interviews and YouTube videos. As I read up on him and studied his investment strategies, he was one who has the ability to pick up good companies at bargain (fair) prices along the way. He would spend time reading the quarterly reports of the companies that he was interested in. He would study the industry and cross-check with their competitors. While reading the quarterly reports, he was  looking out for areas of durable competitive advantage (DCA) and identified areas...

I am not a full-time trader and thus, this should not be taken as financial advice and do not apply to full-time professionals. I have been meddling with investment since 2019. Started this as a newbie, I made many mistakes - pressed sell when it was meant to buy, using excessive leverage, investing in stocks without proper research, allowing my emotions to take over my entry and exit plan … … all these are necessary “school fees” that we pay so that we can be more successful over time. (And I am still paying some of these recurring fees) It is important  not to spend money meant for necessities and essentials on trading . We should have a property and have enough for the monthly family needs.   Previously, I was spending late nights trading the US market. It was affecting my family relationship, sleep and day job over time. I set aside my “monthly savings” to start trading. I found myself immersing myself in hours of youtube and books.  No wealth will ever be more import...