Wednesday, April 18, 2007

My investing philosophy

  1. There is nothing more important in making a buy or sell decision than a stock’s price.
  2. I should not criticize a company’s business decisions – I take it for granted that they know their business better than I do.
  3. Buy low, sell high. Stocks are volatile. Critical in deciding what is “low” versus “high” is to look at the past performance of the stock and its competitors.

I expect that this will change as I become a more experienced investor.

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