PEN peninsula energy limited

Most traders usually make it big then lose it all, or just lose...

  1. 13,184 Posts.
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    Most traders usually make it big then lose it all, or just lose it all overtime. Jesse Livermore style… no one is smart enough to predict short term market movements, or else every HC trader is self made billionaire.

    Billionaires like Buffet buy “value stock” at the bottom (not at the top chasing price like the inexperienced noob investors do) then hold it for decades. Then he can ignore all the short term noises along the way to the top.

    I follow Buffet style… buy the stock like PEN which everyone hates at the bottom commodity super cycle which occur once every 25-30 yrs. (1970, 2000 & 2020). Hoard & do nothing. So simple.
 
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