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Why tech is too big a sector to ignore
By Finance and Toast  •  March 19, 2021
I had my early venture into tech stocks during my undergrad days when I knew nothing much about it. In 2014, I bought Groupon (NASDAQ: GRPN) and flipped it for a USD 500 profit. Bear in mind that I knew nothing about the valuation and the only reason I bought it was because I was a frequent user of Groupon. Also in 2014, I bought JD.com (NASDAQ: JD) when it first listed and sold it at a loss. In 2015, I bought Alibaba (NYSE: BABA) and also sold it at a loss! Since then, I stayed away from tech stocks and was sold by the idea of value investing. I started investing more into undervalued, out of loved companies, and avoided tech stocks which I couldn’t comprehend their business model. This itself has caused me to miss out on a lot of money-making opportunities Fast forward to 6-7 years later,...
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By Finance and Toast
Hi, my name is Vincent and I’m the founder of Finance and Toast, a website which aims at documenting snippets of my life and also all things related to personal finance and investments. I started this website as a platform to share investing ideas with like-minded individuals. I was interested in the stock market since the age of 18 and I enjoy understanding more about different investment philosophies and its unique way of looking at things. I love contrarian ideas and am fascinated by well-run companies and leaders.
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