In this kind of massive Bull run, the one problem most of us or new value investors face ( esp those who check their PF daily, some even hourly) is the fear of missing out.
This is completely a behavarial skill which some of us need to develop over a period of time, esp duringfurious bull market. When we see mkt rallying hard, all stocks rising fast but, your own stock is not rallying, with same rate. That is where I wanted to start this thread to help each other mutually.
This is where this VP community and learning from each other become all the more important. As we have read in many books, many big interviews, that successful investing is not only stock picking, ppl say that is only 20 %, 80 % is sitting with the stocks, when your conviction is being tested.
In one of the posts, I recall Donald has summed up this really well, that stick to your own conviction stocks and dont get overly worried as too many other ideas/new ideas will be floating evrywhere and one tends to obviously compare and switch frequently and become a trader from long term investor.
Request some really good inputs from senior VP guys on improving this skill and wisdom so to say. A lot has been written on VP and can be read also. But I think we are enetring a new phase of this Bull market where this becomes further more important as all boats are rising, that too v v fast .
All comments are welcome ! we can help each other while discussing and rediscussing time and again.