Thank you for your kind words.
To address your first question, I don’t practice technical analysis—not because I doubt its usefulness, but simply because I haven’t acquired the technical knowledge needed, nor have I made it a priority to learn. Given my investment horizon of 5-10 years, I believe the impact of technical analysis on my overall returns is likely minimal, which explains my reluctance to dive into it. Additionally, technical analysis tends to emphasize price movements as a guide for investment decisions, rather than focusing on the underlying business fundamentals. This can potentially lead to behaviors that prioritize short-term gains over long-term growth.
As for your second question, I keep my approach broad and open. I discover potential investments from a variety of sources—whether it’s ValuePickr, YouTube videos, screeners, or newspapers. When something catches my attention, I usually take a quick glance at the company’s profile on Screener and review their latest presentations, looking for any red flags that would allow me to dismiss it quickly. Only if I find no significant red flags does the company pique my interest, prompting me to dig deeper. Very few companies meet this stringent criterion, but when they do, I’m willing to expand my circle of competence by studying both the industry and the company more thoroughly—provided the objective criteria align (good management, strong financials, a solid business model, reasonable valuation, and significant growth prospects). In essence, my focus is more on eliminating ideas than selecting them, which means I end up pursuing only those that pass this rigorous filtering process.
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