From my experience, there are three important things that influence the “health” of a stock market investor. What are they?
1)What price you paid for the stock?
2)Which company or stock you have bought?
3)How many of the same stock you bought?
Buffett: “It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price” and “Wide diversification is only required when investors do not understand what they are doing”.
http://www.stockanalysisonline.com/2009/08/investment-prudence-and-multi-bagger.html
No comments:
Post a Comment