I have gone through the checklist.
- Try not to seek all of the subjective qualities in a stock, because that would be perfectionist approach.
- After the research, it requires some gut feeling (risk taking) to buy/hold stock (business).
- Don’t have to go 100% correct all the time on all stocks, you have to be right on least few stocks. Even the most seems-to-be perfect stocks may go burr or may underperform.
- Book some profit when market sentiments & PE ratio all time high.
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