Peter Lynch 1994 Lecture
What can we do during "Work From Home" WFH period? As per Simple Investor always tells me - "read, read and read to gain knowledge". However, I realise my attention span cannot last for many books (1+ books at most). Thus, I turned to YouTube to gain more knowledge or rather to regain/remember what I should be practising. During this Covid-19 crisis, everyone will be confused about the economy and what they should do. I am no difference. Nevertheless, watching this YouTube Video helps me clears some confusion. Some information that I gather from the video: 1. If you like the company at $10, you should like it even more at $6. 2. You should know your company and be able to explain to a ten year old why you bought the company in 5 mins. 3. Volatility is good. 4. Focus on your core competencies. 5. Understand how your company will perform in year 5, 6 and 7. 6. Something bad is always bound to happen. 7. Focus on facts. ...