HCT 0.00% 2.4¢ holista colltech limited

All the bases are covered, page-216

  1. 1,225 Posts.
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    I have made a lot of mistakes, as well having decent wins so I don’t claim to be perfect. the only things I would add are:

    1) assume you may lose all your money (angel investors work on the theory 9 out of 10 investments will fail and they will make enough off the 10th to pay for the losses)

    ie DONT put your house on any spec stock (sounds stupid to say but i have seen this time and time again over last 20 years)

    2) don’t listen to anyone on social media, they do not have your back. Most I have found lost the opposite of their true intentions

    3) I have a firm preference for finding a stock with potential where no one/ few people are discussing it and waiting months - year. If potential is right hopefully they will have their time

    4) think of spec sticks like a casino where you are trying to put the odds in your favour, there is no certainty ever.

    5) I have a watch list of 30-50 stocks, really tune into 10-20 and research around 5 obsessively at any point in time.

    6) many times I have proven to myself the value of obsessive research as I have found critical insights.

    7) Most importantly ignore what everyone else says about it and phone or contact the company directly. As a shareholder you have the right to do so and they are normally very responsive..

    good luck
 
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