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STE’s story: Investment strategy.
By A Singaporean Stockmarket Investor (ASSI)  •  August 9, 2013
In this second instalment of STE's story, he shares his investment strategy. Here, we see how he frankly admits that luck plays a part in the grand scheme of things. Like I found out the hard way, never trust anyone who says that his success is due to foresight and that luck has nothing to do with it. Someone who is humble and admits that he was lucky as well is the more credible investor. .................................................. My investment philosophy is simple. We only need to know two things: 1) Margin of safety 2) Mean Reversion In the long run, the stock market trends upwards and, of course, it is hard to catch the bottom. However, one should try to avoid hype and enter the stock market when things are hot. If we had invested in tech stocks when their share prices were chased sky high, I think we might not have recovered even now. Most of ......
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By A Singaporean Stockmarket Investor (ASSI)
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