First let’s get it straight, I’m not a “value investor” – I not cerebral enough.

But if I would like to jump into a “buy the bounce off the bottom” trade, it would be very comforting to know my entry price is also where the value investors are lurking to buy. It’s always good to have the wind behind my back.

Hence, it helps to know “how” value investors think. Come to think of it, I don’t trade equities; I trade people (to be precise, it’s sentiments).

Below is a link to a very good blog post and summary of Warren Buffet’s sharing of his biggest early mistakes.

I would recommend 2 groups of people to read it.

1) Swing Traders who like to trade the bounce off key supports (sharpening the saw).

2) “Value investors” who think they know Warren Buffet (it’s what you think you know that ain’t so that hurts you the most).

Warren Buffett: These were my biggest early mistakes

Singapore Man of Leisure (welcome to my blog; just google it!)