Just read a piece by howard marks talking about Ben Graham’s concept of “Mr. Market”.
Imagine having paid $1000 for shares in a company. And Mr Market is sitting next to you, telling you each day what your shares are worth.
Here is the quote:
Author Archives: lytstephen
Importance of having “Rules” with investing
Something I’ve realized especially after these few days of turbulence is – the need of having buy and sell “rules” in my investment strategy.
And not having rules is what burn beginners, or those who might not be beginners but are constantly losing in the markets.
USDJPY reflection post – 20240805
Alright so it’s Aug 5th and things have developed into the most unpredictable turn of events.
huge drop in USDJPY, huge drop in the JP stock market, and moderate drop in the US stock market.
Losing a lot of net worth sucks a bit, but more important I am needing to take a hard look at my current investment strategy and needing to make some adjustments after some expensive lessons.
Review – July USDJPY fiasco
Alright now Aug 2nd and both BOJ and FOMC has released their meeting results.
Wanted to update this post and review the whole thing and especially what I could’ve learned moving forward.
Investment 20240801
What a roller-coaster ride of a month in my investment journey!
A lot of stress but I think it’s a good experience and I’m learning through it.
Risk Reduction with 123DCA
- March 2024, N225 39k, went in HKD200k, -HKD10k
- Jul 2024, 2644 5k, went in HKD50k, -HKD10k
Both times I got in too rushed and all in one place – which ended up me getting caught on the wrong side.
So now I’ve learned a better way to enter positions – 123DCA.
Sacrifices of Investment, and okay with being wrong
Just heard a podcast between Mark Howards and a chess master talking about investing in terms of chess.
In both, you have to make sacrifices in order to be a good player.
US equity market outlook (Continuous Updates)
A post to keep track of my thoughts and outlook on the US equity market as a whole, and also on individual stocks and the reasons that I am buying them.
Investment 20240719
With my long-term investment I’d like to not move around too much, but I have been this past week and I want to write a little update here.
There are some big volatility going on and I’m probably over-reacting just like the market is.
JP equity market outlook (Continuous Updates)
Making this the post to keep track of my outlook on the JP equity market as time goes on.
It’d be a great learning for myself to look back and see how my thought process changes and also be more disciplined.
Also cool to see whether my outlooks are right or wrong in hindsight later.