Currently on my investing journey, I am quite unsure whether the way I make my investment decisions are right or wrong. I guess sometimes my decisions are irrational, bought on impulse, sell on fear. Trying to predict and beat the market. Sometimes I got it right, but sometimes I got it wrong. And I felt a bit of emptiness because I know I am not investing, but speculating.
Also, I bought a book written by him called Value Able.
This book is about value investing and it teaches you how to value a company based on its ROE. One of the favourite quote that I like is "invest in the business, not it's stock". To be a value investor, I have to keep reminding myself about this quote.
After reading it half-way through, I am determined to have a plan in my investment strategies which I learned from the book and follow it. No more being a speculator which I always thought I am not.
Cheers~
