Bag om Buffettology
This book is about how to profit using Buffett's preaching and how to avoid his strategies that are not applicable to the retail investors and today's market.I also introduce Swing Trading and how to profit using this strategy. It copies the value investing concept from Buffett and is updated to today's market for retail investors.Most of my profits in investing are made using the strategy of Swing Trading. Defined by me, Swing Trading is holding the bought stocks for about six months.At the end of the holding period, evaluate the stocks again to determine whether you want to sell it or keep it longer. Last year, most of the stocks are kept for about a year, so they are qualified for the better tax treatment as long-term capital gains in my taxable account.These stocks should be fundamentally sound (i.e. value stocks). Hence they need at least six months for the market to realize their values. Select the holding period that fits your objective. After six months, the fundamentals of the company, the sector that the company belongs to and/or the market may change. Hence, we need to evaluate and decide the 'buy/hold' decision. Sometimes, you may want to raise cash to buy another stock that has more appreciation potential than a stock you own. Churning the portfolio improves the quality of your portfolio. Updated: 01/2021 Size: 125 pages (6*9)
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