Yes, Picking Good Companies And Sticking With Them Is Boring

By | November 23, 2020

Is exceptional growth boring? Typically yes. Because it means fewer changes, fewer trades, fewer hours of research. But it is so worth it!

Do you think you need to trade all the time? Do you think you need to own stock in 50 different companies? You are probably making yourself too busy and hurting your results.

Picking 10 good companies where you don’t have to trade them out for another so often limits what you have to do. However, you do need to keep an eye on how your companies are doing. Sometimes things change and you need to be ready when they do. But that really does not happen too often. In fact, you could get away with follow up research every 3 months although I like to do a recheck every month.

If you are making money, that is the end game. It’s not to be entertained. It’s not for the adrenaline boost. It’s simply making money. And that doesn’t have to be hard or time consuming.

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