Hard hitting note, forced to respond; wonderful acceptance of behavioural finance. I hope this attitude alone to glory next time as you tighten the nuts and bolts of investment going forward.
Strong case of a successful points to me:
I started investing in markets with my mother’s money during college times in 2007. You have already paid so much tuition fees, I think most of mental battle is won.
,first time I see my portfolio lose money and even for a college kid I didn’t panick, I believed its only temporary blip and waited for markets to come back. Finally lost patience around nov dec 2008 and booked losses and mostly exited the market(Along with losers I also sold good ones like Maruti Suzuki,HUL)
100% line for my next presentation, once again you confirmed a story so often we are told.
) Listening to the stuff on TV, money control etc and making investment decisions based on it. Actually being contrarian works more I believe, I constantly heard during end 2011,2012 and even during 2016 when the market went down after a spike ,that markets are still expensive (at levels of 17,18 PE) while people who bought in this time made more money.
Small caveat from my side, everything works but not for everyone. Challenge lies in finding the best one suitable to you. You are already on to it! That would mean success is nearby if already it hasn’t reached you.
Good wishes and loads of success.