As a long-time value investor, I pride myself on sniffing out bargains.
Great post, agree with the conclusion
It happened to all of us! Cyclicality in earnings is also found in service business like cro, consulting and IT services
Good post! Yes value traps can be frustrating. It could be 5-10 years, nothing happens then suddenly something does. Some of these value names in Japan need activists to unlock.
First, thank you for sharing your personal experience with such humility. It's inspiring to hear how you learned from your past mistakes.
Second, thank you for the clear explanation of your logic. It makes a lot of sense.
Thanks for the comment! Yeah, as the old saying goes "If it seems too good to be true, it probably is."
Great post, agree with the conclusion
It happened to all of us! Cyclicality in earnings is also found in service business like cro, consulting and IT services
Good post! Yes value traps can be frustrating. It could be 5-10 years, nothing happens then suddenly something does. Some of these value names in Japan need activists to unlock.
First, thank you for sharing your personal experience with such humility. It's inspiring to hear how you learned from your past mistakes.
Second, thank you for the clear explanation of your logic. It makes a lot of sense.
Thanks for the comment! Yeah, as the old saying goes "If it seems too good to be true, it probably is."