Monday, May 7, 2018
My Portfolio Management - Building & Sitting On CASH!
Investing for me: owning a business
Holding period: infinite (or longer time horizon)
Monetary gains: working towards achieving my 1st million of profit thru investing as soon as possible
1. To search for brilliant business with good economic moats, being managed under good management team, and is offering at bargain price.
2. To continue building and sitting on cash so at any moment an opportunity arises, i can act fast!
(I need to really work harder on this!)
“It takes character to sit with all that cash and to do nothing.
I didn't get top where I am by going after mediocre opportunities.” - Charles T. Munger