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myinvestingnotes.blogspot.my (Bullbear Buffett Stock Investing Notes)
Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
Monday 29 April 2024
Sunday 28 April 2024
Multi-bagger or Falling knife.
"The best thing that happens to us is when a great company gets into temporary trouble .... We want to buy them when they are on the operating table."
Warren Buffett
(e.g. American Express)
"A stock that has fallen 90% is a stock that fell 80% first and then halved."
(e.g. Valiant bought and sold by Bill Ackman)
Reasons for steep falls
- Leveraged financials and loan/other losses.
- Food and other consumer products - safety, ingredients, etc.
- Victim of fraud
- Perpetrator of a fraud
- Unethical / Illegal behaviour
- Loss of key customer / product segment/ market
- Regulatory issues
Warren Buffett in a Nutshell
https://www.facebook.com/photo/?fbid=8207395212659993&set=gm.10163476695514622&idorvanity=53286054621
What you look for in the financial statements of those great businesses with durable competitive advantage