Thursday, March 23, 2017

how

The ultimate project would be 2 invest in as many of these as you possibly could ... dozens and dozens of them. If u were a working person and could put quite a few hundreds of dollars into stocks every month, say, just keep buying. Buy lots of different stocks every month. Buy a stock and then buy some more any time u want. If you kind of like the fundamentals, if it sort of looks to you like the company might be able to solve its problems, if the stock appears to be cheap, buy some.

The premise is, to some extent, that u r looking for more wildly fluctuating situations, so as to make money faster, but then u must be looking at ... less explicitly perfect financial situations ... and they become more of a gamble ... gambles. The actual feeler question is, what are the chances of survival? Also, what does the ten year chart look like? There's a kind of chart that's riding along the bottom, even though it once was lofty. You had definitely best think about the fundamentals on that one, whereas if the ten year chart is up and down, up and down, all the way to the top and the bottom, most of the way to the top and bottom, maybe it's better.

At any rate to the extent this is a science it is based on one thing: waiting. Maybe you will nail one, and then another, and they'll pop right up, but u might also have to wait. U could have to wait and wait. Maybe this and that one will go down ... but maybe, with something in place about the fundamentals, it won't go down 2 much.

U r buying something and then waiting. U only want 2 sell when u have a really big profit. If it pops right up and u have a really big profit, maybe u want 2 sell it. U can tell. If u still really like the cmpany, and the stock, maybe u hold it. Then, if u do, u hold it, then u hold it doggedly. U ride out the market fluctuations, a la Charlie Munger. The slow pace of the program might let u reassess, without it being a disaster. Ur 1 that went down, maybe u reassess ... and maybe you reassess on the positive side ... u hold it ... or maybe u decide 2 get out. Mind u this is all speculation and dreaming.

As u pursue this u will get to know more and more companies. Maybe some day u will know that u really really like some of them. Then u can hold them for decades and becm really really rich.

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