@RDPD富爸穷爸："Sell in May and Go Away" I don't recall gurus such as Warren Buffett, Peter Lynch, John Templeton, Ray Dalio, George Soros etc follow this infamous phrase in investing. When I invest, I take it seriously. I treat it as a business and I consider myself a business owner. Let's look at it from a business owner's perspective. Imagine if you start a brick and mortar store selling bubble tea, you will naturally spent a substantial amount of time and money to renovate, buy equipments for BAU, install security, recruitment etc. In this regard, would anyone who start a business exit their investment after 1 month, or 3 months or 6 months? Surely it makes no sense. So why do folks like to time the market by getting in and out frequently? Or rely on old Wall Street adage for buying and selling decision? My best guess is they are gamblers/ punters. But please do not mix punters with traders. Traders are a different breed with a clear and concise game plan in their approach however do not have a long time horizon as compare to investors. As a serious investor, when we invest, we should process a 'business owner' mindset with a longer time horizon in place (at least 5-10 years or even longer). We should already done our research prior to any investment, ideally buying with a margin of safety. The rules on investment are simple but difficult to follow. With high commodity prices and inflationary pressure plus ongoing war, the road ahead will remain rocky. Nothing has changed, stay invested in market leaders, more importantly profitable business with pricing power. Avoid high debt business and highly competitive industries. I have seen so many loss making companies losing over 50-70% in market cap within these 4 months. As brutal as it is, it had happened in the past, it had happened at present and will happen again in the future. As an old saying, time in the market far exceed timing the market. Hope you enjoy my sharing and good luck in your investment. 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.
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