The My investment framework is steeped in value-investing doctrine. I do FA, never TA.
I do not consider myself a value investor because I hold the term "value investor" in awe and believe I am not in the league of "value investors"
Before I start, I want to be very clear what I hope to achieve in this post. I want to explain my take to beginning value investor wannabes who are doubting or confused about the doctrine. I am not implying it is the only way, neither am I saying it is for everyone. If u are experienced investor, this post is not for you.
1) "Long term" and "buy and hold" does not work well?
For value investing, Warren style, they want growth to make a stock cheap. WArren buys big company with moat that can continue to grow in the longer term. So they believe ......