It is official! I have broken my valuation limits on buying & selling stocks and position limits on individual stocks! Previously, I mentioned in What is My Target Price? that I have valuation limits of 1.8 to 2.0 times book value for buying stocks and 3.5 to 4.0 times book value for selling them. In Jan this year, I had broken these rules with the purchase of M1 at 4.7 times book value and Singtel at 2.5 times book value! Also broken were my position limits on individual stocks. I have an initial position limit of $15K to $20K on each stock, depending on what type of stocks they were. These limits could be doubled to $30K to $40K if I need to average down on the stocks. The position limits were first broken in Nov 2015 with the purchase of Global Logistic Properties ...