My portfolio currently are:
Hongwei
Techcomp
China Precision
China Print & Dye
C&O Industrial
A HK stock
Currently, my portfolio is around 10% below its July peak. I did not have any trades except adding to the HK stock for the past week.
In the subprice downturn, I have added to or re-initiate (for Techcomp) all my positions. Perhaps, I do feel a tinge of regret that I did not buy Metro at 0.85-0.89, even though I have pointed out to a few friends and my family that Metro can be bought at that level.
I have also looked at my past post in June and July. It seems that I have been too over-confident about my stocks, while I feel pessimistic about the market. In future, I shall try to view my dissonance between my over-confidence in my stocks and my pessimism about the market as a contrary indicator. This implies that I will start to go into cash when I am quite pessimistic about the euphoric market, perhaps in a bid to reduce downward volatility if the correction comes in future.
Subscribe to:
Post Comments (Atom)
Most Controversial Topics in Personal Finance by Ben Felix
Ben Felix, CIO in PWL (Canadian financial firm) regularly posts Youtube videos on personal finance and investing stuff. Here is a video of ...
-
This post was created in Feb 2011. Apr 2017: Updated with 4 books Updated in Dec 2023, Dec 2024, Dec 2025 _________________ In my e...
-
Buffett has mentioned that an investor should be animated by greed but not be controlled by it. Van Tharp, in Schwager's Market Wizards,...
-
Success in investing doesn't correlate with I.Q. once you're above the level of 125. Once you have ordinary intelligence, what you n...
No comments:
Post a Comment