I have blogged quite a few posts about my buy in to ComfortDelgro (CDG) and why I thought it was a good buy. albeit being overvalued when I calculated the company’s actual intrinsic value.

Today, I would have to eat my words. And it is indeed because I chose to pay a premium for the stock in the beginning at $2.33.

As of the closing price since Friday, the price dropped further by 15.45% from my buying price to $1.975, and thus has significantly affected my portfolio returns, although overall returns still remain green. This is also the first time that I saw a two-digit decrease in percentage points in my portfolio.

Interestingly, I am undeterred and nowhere close to suffering from loss aversion just yet. As I read back the blog posts to remind myself of the reasons why I chose to stay invested, it is still relevant and the …