After several years attempting to prospect companies, I finally recognised that this is not something I intrinsically enjoy.
Getting to know how a company really functions is interesting enough but I would rather use my time to read other stuff like geopolitics or even fiction rather than detect potential corporate issues lurking in those dreary annual or quarterly reports.
Potential Of Macroeconomic Trends
On the other hand, I am more interested in how I can profit from macroeconomic trends.
Imagine if I had known 5 years ago that the US was going to recover/grow really well and had invested in Berkshire Hathaway earlier.
Or expected the prevalence and dominance of the few tech companies in the Tech Boom 2.0 and allocated a little bit of capital on them.
Even right now, on the back of exceptionally good returns in the equity markets in 2017, I am curious to find …