My Investing Muse

  In the world of investing, I believe that most of us have our own heroes or gurus. It would not be a surprise to start our investing journey with materials from some of our investing heroes. I started out as a reckless trader ~ making textbook mistakes. “Fortunate does not always favour the brave and defeat awaits our folly.” - Benson Kong It will not be surprising if we are starting learning with icons like Warren Buffett, Charlie Munger. For a season, I was following “cloning” ~ advocated by Mohnish Pabrai. I do not think that it is the only strategy but we can take some of our references from our investing heroes. Before we blindly copy their buys and sells, let us do our research and due diligence. Here are some of their 13F filing (for US equities) for Q1/2023 ~ with a focus on their buy & sell activities. We buy for one reason but could sell for a million reasons. Not every sale should be treated with concern or negativity. I have shared my observations about their Q1/2...

The latest 13F filing by Berkshire Hathaway  was uploaded on 14 Feb 2022. The screenshot listed the activities (that include sales and purchases) that took place in Q4 of 2021, implying that these companies have been "qualified" by Buffett who typically hold stocks for many years.  However, there were some exceptions to some of the pharmaceutical stocks like $BMY, $ABBV, $MRK, $PFE which he has sold (partially or in full) after a few months. As a value investor, it is important for us to establish a "  fair value " of the business and with that, we add a layer of  margin of safety  (discount) - giving us a target price range for the stock.  After a review of the business financials, management, moat and the industry, we will just wait for the price to reach our "strike" zone.  Thus, we know that Buffett would buy these great companies at a good value. "It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price....

2021 has been a good year for me. though my overall portfolio remains in the red, I am thankful to have learned much.   Personally, investing is not just for the sole reason of financial independence.  With more financial security, it is about  gaining more time for the people and purposes I am passionate about .  Money can help us to do things simultaneously - sponsor a kid's education in Africa, support disaster recoveries for different countries, invest in sustainable solutions, getting help so that I have more with my family & interests.  I have been reminding myself that  time is the most expensive commodity and health is a close second .  These help me to prioritise my time towards my family, passions and friends. Biggest (paper) losses As of today, my biggest (paper) loss remains ‌‌ $Alibaba(BABA)$   ‌and I am still planning to DCA this regularly.  I remain hopeful for the growth of this company and time will prove me brave or...