Trading

  • 23 May
    Portfolio Management & Trading – The Value Investing Way

    Portfolio Management & Trading – The Value Investing Way

    • A value investor should trade when a better bargain present itself.
    • Liquidity is a key component of an investment and of a portfolio.
    • Klarman’s advice is to stay in touch with the market to find opportunities, average down, and hold ten to fifteen stocks max for proper diversification.

    Introduction

    We’ll continue with the analysis of Seth Klarman’s book Margin of Safety. Today we’ll discuss chapter 13, Portfolio Management and Trading. More →

  • 18 Apr
    What’s Better, Trading Or Investing?

    What’s Better, Trading Or Investing?

    • Both trading and investing can lead to satisfying returns, but the important thing is knowing which is best for you.
    • Psychological traits of both successful investors and traders are the same: patience, discipline, rationality, sticking to a well-defined, tested and working strategy, and risk reward calculations.

    Introduction

    I started off investing as a convinced value investor looking for, and investing in, bargains. My way has brought me extremely satisfying returns that, alongside lots of youthful exuberance, made me, quite often, enter into fierce discussions with traders. I would try to convince traders that trading is too risky and they would try to convince me that holding stocks for a long period of time is even riskier. More →