Selling too soon is a mistake
– Continue investing (learning)
– Understand financial statements
– Patience, judgement & decision important
– Safety is very important
– Good mgmt, good business model
– Minimum 3-5 business years
– Buy things cheaply (discounted) value investing
– Bottom up investor (focus on business)
– Conservativism in valuing a business (discounted cash flow etc)
– Buy business which are survivibililily despite adversity (safely is important)
– Focus on being a long term investor
– Asset heavy business like Coca Cola, good business to
Great post, Thanks for sharing it. Just upvoted it :-)
You can allways sell half of what you bought at x2 of buying price, get your investment out and let the profit sit in, if it dies you didnt lose anything if it rises you'll gain more at a low risk, no more fomo