2022 is a tough year for me and my result is poor which I make loss in my investment. For year 2023, I foresee it will be more though than 2022 as the US Fed direction is keep changing according to the CPI, PPI, and other unemployment data.
Only by investing in a good company can you make money, the company will make money, and shareholders will gain. Warren Buffett once put forward a very important idea: a good company must build its own moat, only in this way can it be profitable for a long time. What is a moat? Simply put, a company's moat can prevent others from easily imitating your company's products or services. What you row is far more important than how you row.
Everyone wants a way to make a lot of money, and there is a way, but it takes practice to make it happen. Just like playing the piano, good music can only be produced by repeated practice; but most people are not willing to sit down, find a good teacher, and practice well. Being a successful stock market investor is much like learning to play a musical instrument, if not different. People want to make a lot of money, but no one will give you money for free, so you have to work hard to make money.
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