Wa_ithaka wrote:a) Fundamentals-which ones?
b) visit to mganga
c) technical charts- but how do you do this when most stocks are illiquid?
d) buy low, sell high- so u don't trade in a bull
e) bar talk
f) dartboard
g) spouse
h) my broker
i) friends
j) wazua or online kossip
I start with i) friends-how can i get ahead of them and retire better than them
Then i go to a) fundamentals best economic growth areas and the best companies to exploit this potential with avg risk and max returns
Then i go to f) dartboard and pick out 5 companies to concentrate on and follow religiously.
Then to b) a mganga who understands the industry well to second-guess my decision
Then to d) i wait until the stocks are low-never in a hurry
Then to h)my broker to find out how many are visiting the office if not many then am treated like a king and i can pick brains
Then to C) technical charts to ensure am on the right path
then to J) wazua to validate my opinion and ensure am getting bargainsn once in a while
Then to e) bartalk when the waiter and the taxi driver start discussing stocks i start panic-exuberance is setting in
Then to g) spouse i hope he/she never finds out where about my secret portfolio until my will is read out