You are going to HATE what I'm about to tell you.
But as a trusted friend & advisor I MUST...
12 years ago, I started my investing journey when I was 22 years young.
The only thing I knew about FINANCE was how to spell the word - FINANCE.
My GRAND PLAN was:
It worked. For some time.
I bought my first stock - Cairn India < 0.5X Book value. In less than two years it doubled.
Confident, I applied the same "strategy" to the next stock & IT WENT NOWHERE FOR 4 YEARS!
You know what I mean?
My solution was to read ANOTHER book. This time on GROWTH INVESTING.
I applied the same "Growth strategy" to the next stock pick & THE STOCK CRASHED 30%!
First stock I bought using this approach? 10X in under 2 years!! I was unstoppable. The chosen one. The next RJ.
The only problem? It was 1% of my portfolio. I tweaked the approach - applied the "techno-funda strategy" BUT with a 20% position from Day 1. The result? Got "chopped out" when stock corrected 15%.
One fine afternoon in 2022, when EVERYTHING CHANGED.
