SirBahamut
2023-01-20
1. I will never invest in companies based on "Greater Fool Theory", where investment is made with the knowledge that the company is not a good business or too overvalued, with the hope that another gullible investor will come along and pay an even higher price.

2. I will never invest in companies that are purely loss-making without a specific strategy to turn profitable or cashflow positive at a target deadline.

3. I will never chase after hot investment trends blindly (such as meme stocks). Just because an investment is popular or has performed well recently, doesn't mean it will continue to do so in the future.

4. I will never put all eggs in one basket. Warren Buffet said "Diversification is protection against ignorance."

Oops I gave four.
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

  • Guy
    2023-01-20
    Guy
    All the tips are simple but hard to do in fact when we are in the market.
  • TaiWoeiHaur
    2023-01-21
    TaiWoeiHaur

    👋 

  • MaudNelly
    2023-01-20
    MaudNelly
    Just wondering what is Greater Fool Theory?
  • Svengers19
    2023-01-21
    Svengers19
    Thanks for sharing
  • BarbaraWillard
    2023-01-20
    BarbaraWillard
    So which basket we should put most of egged in?
  • De. Law
    2023-01-22
    De. Law
    Trading with Ruth Elliot fxtrade on Instagram is one of the best experience write for crypto recovery. Fell free to send In a direct message
Leave a comment
79
7