To The Moon

Profit from good company beats profit from good price. Good price is subjective and sometimes despite it being a good price, it continues to fall and $SINGTEL(Z74.SI)$ is a good example of it. When it comes to investing, it is generally better to profit from a good company rather than a good price. This is because a good company's share price will eventually go up in the long run, whereas a company with a good price might not be a fundamentally sound company and its price could go lower. This is a principle that is often advocated by successful investors such as Warren Buffett, who has stated that "it's better to buy a good company at a fair price than a fair company at a good price." A good company is characterized by strong financials, a competitive advantage, and a proven track record of success. These companies tend to have a history of consistent earnings growth and a positive outlook for the future. When you invest in a good company, you can be confident that the company's fundamentals will support its share price in the long-term. On the other hand, a company with a good price might not have a solid foundation and its share price could be artificially inflated. These companies may not have a competitive advantage, or may be facing financial difficulties. Investing in a company with a good price but poor fundamentals can lead to significant losses in the long-term. Furthermore, by investing in a good company, you can also benefit from other advantages such as dividend payouts and potential for share buybacks. A good company will also have a better chance of weathering market downturns and economic recessions. In conclusion, while a good price may be tempting, it's important to remember that investing in a good company is a more reliable and long-term strategy. A good company will have a solid foundation and the potential for consistent growth, whereas a company with a good price might not be a good company and its price might go lower. Following the principle of buying a good company at a fair price is a safer and more profitable long-term strategy Take an example of Microsoft (good company) if you'd invested 10 years ago $Microsoft(MSFT)$ VS investing in Singapore Airlines 10 yearsago $SINGAPORE AIRLINES LTD(C6L.SI)$ Please like and comment on your views below. Thank you! @MillionaireTiger @Tiger_SG @Tiger_chat @CaptainTiger