Lessons learned in Nov 2017

Big lessons learned for me in Nov. 2017

I was too focused on learning investment methods from Gurufocus and too focus on researching GSEs, and forgot to sell BAC calls, FAS calls and AIG.WS when BAC and FAS calls almost doubled and reached their fair value, and when AIG.WS jumped somewhat.

I should never leave my eyes of my positions daily, need to alert me when to sell. Response fast and be flexible.

Remember always ask myself daily – what should I do with my portfolio?

 

About Timeless Investor

My name is Samual Lau. I am a long-term value investor and a zealous disciple of Ben Graham. And I am a MBA graduated in May 2010 from Carnegie Mellon University. My concentrations are Finance, Strategy and Marketing.
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