Hey, thanks for mentioning it! Wonderful post, it's really fun to read. I give you two times @ccf @ccf, just to be sure. I myself have only a few weeks ago started to deal more closely with the matter. There is an incredible amount to read and countless approaches, but what stands out is that all of the investors who have beaten the market over the decades have followed a value approach. I would have added that the biggest challenge in value investing is not necessarily proper analysis, but rather perseverance and composure. Warren Buffett himself said what he does doesn't need extraordinary intelligence or a college degree. With a little diligence, anyone can learn the methodology; the real obstacle is one's own psyche. When I find an undervalued stock, it can take months or years for the market to share my opinion. Nowadays, the average holding period for stocks is what? A few days? I think this is where most people fail, I don't even know if I'm cut out for it. A series of articles about the differences between different value investors would be interesting, Buffett for example is more against diversification and tends to buy large companies. Value investors like Peter Lynch sometimes had 150 companies in their fund and most of them were still extremely small. Value approaches are incredibly colorful and diverse. Maybe I'll take a look at it sometime. In any case, keep up the good work!
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@Divmann That's exactly how it is. Short-term trades are all well and good and possibly also an exciting pastime. However, hardly anyone makes a real return in the long term. The long breath is crucial 👌
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