An overdue self-criticism

July 30, 2016 at 4:26 pm Leave a comment

It’s been a long while since i wrote about my investment blunders. Here’s one, i sold all mine HTL international shares in 2013 after holding it for about 5 to 6 years. At that time, prospects for HTL was poor and leather hide price was sky-high. In other words, i was impatient and had better ideas for the money(should have stick to my blog title marathoner).

Little did i know that the catalyst for this net-net stock came in 2015 when a China buyer wanted to takeover the company at a price that was higher than even the highest price i paid for the stock. Lesson learnt: As long as the stock balance sheet is fundamentally strong and undervalued, don’t sell the stock since a catalyst could arrive although when it will arrive is unpredictable.

It’s no use crying over split milk, time to unearth another HTL which rose from the ashes.

Advertisements

Entry filed under: Investing, Mistakes.

Watch out! Market crash ahead Fed just miss the best chance for a rate hike

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Recent Posts

July 2016
M T W T F S S
« May   Sep »
 123
45678910
11121314151617
18192021222324
25262728293031

Archives

Blog Stats

  • 39,338 hits

%d bloggers like this: