1) Find compelling new tech story
2) Buy as much as I can as early as possible
3) Once it doubles in value, sell half
4) Free carry
5) Hope it goes onto to multi-bag
6) Find another compelling new tech story...
Compelling =
- must be in first stages of commercialisation
- must have impressive management
- must be a decent share structure
- must have an understandable / exciting business model
- examples include: BUD / XPE / PSF / SRT / PML
- I bought XTVO at 0.5 cents after the AT&T ann - and sold half at 1.6 cents - so already free carried
