Well – nothing wrong in your approach.
We , at our end , call it Kabbadi (rag-picker) Investment approach.
A rag -picker tries to find some valueables from waste. And sometimes they get lucky , they happen to find some gold in the waste.
Our approach is to find value among quality companies, the beyond-doubt- good -companies trading at a discount, and we focus on momentum stocks ( rising sun, chadta suraj) .
Like said earlier, nothing wrong in any approach- one should do what suits one’s aptitude.
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