Recently, I read this book called Think like the great investors. The first chapter of the book says that women are better traders than men because they are less over confident.
Personally, I think stock picking is all about making good decisions and good decision making features two key elements.
1. Fact Finding
Prior into jumping into to buy a stock, we should already do our fact finding. Personally, I will read up the past annual reports and gather as much facts as possible.
Using the facts I gathered, I will perform my own analysis on the company to decide whether it is a good buy. There is still much room to improve on my stock analysis. One of the missing step I made in earlier analysis was the lack of comparison of stocks in the similar sector. For example, we should comparing performance of Sheng Siong Group Ltd versus Dairy ......