Monday, November 9, 2020

Secret to be a good investor: Value the company - not market value

 Nov. 9, 2020

Introduction

It is my job to train myself to be a good equity investor. If I do not learn how to play a good defense, then I will not be a good investor who can enjoy gains like on Nov. 9, 2020. 

Stocks went up over 20%


Air Canada and Suncor

I learn the lesson today since I do not learn to play defense on stock market. I know SU.TO and IMO.TO, AC.TO stocks have lowest price, but I woke up later this morning around 7:30 AM. Suncor went up more than 20%, IMO was still low at that time. 

I did not have any SU.TO or AC.TO stocks. I should anticipate that there are some good news holding until Biden won the election. 




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