Replying to
@koolgal:Well said. Managing risk is always important//
@koolgal:๐๐๐๐ฎ๐ฎ๐ฎInvesting is like the story of the 3 Little Pigs. While the 2 Little Pigs' houses got blown away by the Big Bad Wolf, the 3rd Little Pig build a solid house with a strong foundation. Similarly when we invest in quality stocks like the Magnificent 7, it is hard for the bad spirits to shake the solid foundation of strong profitability, rock solid balance sheet and an excellent management team.
Building a strong portfolio also requires time and patience so that the magic of compounding can happen over time.
As the late great Charlie Munger likes to say The Big Money is in the Waiting and not in the Buying and Selling.
May all my Dear Tiger Friends build a strong portfolio of stocks so that no matter how hard the bad spirits may try, the foundation is rock solid to stand the test of time.
@TigerEvents @TigerStars
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments