It seems to me very interesting indeed this guru focus site. You have the worlds greatest investors and pretty much you can see precisely what they are doing and how they do it. Yet interestingly enough alot of people think they have missed the boat as the master investors have already bought. But alas this is incorrect. One only has to look closely at the Gurus investments.
Once you find a Guru your in step with , then it is time to disect there protfolio and see if you can understand what they are doing and if it makes sense. Well there will be some investments that will go over your head and some that wont. The ones that make sense need to be looked at very closely. Once you have looked at it and if you understand it then it is time. No not to buy it. Yet. Once you make a Qualitative and Qauntitative view of the stock , you must see if you missed the boat or is the boat still good. As long as your margin of Safety is in line. Guess what ? We are ready.
Ready to do What ? Do I buy ? What ? Do what you feel would be correct for you. Me I bought. And continue to look at various gurus and there buying patterns. How does this help in learning the process. Well once you understand how someone does something you can do it yourself. The only thing is you have to have the temperment to do what is required. Most do not. Or have the time , or the real desire. If you find yourself up late at night going over financails , digging on looking at ceo profiles , going out and sampleing products. If someone mentions stocks it is like going to disneyland for a kid.
Temperment is the undoing of a great many would be investors.Most investors live in the moment and fall prey to immediate returns of investors and themselves. Instead of measureing things over time . When you by things of weight and low values sooner or later the market will see the mispriceing and make you money. But temeperment stops alot of people cause we are creatures of the herd mentaliity. Instead ones temperment must be not to follow the herd. But lead the herd. This is what separates the men from the boys. Temperment and then the courage to pull the trigger on an investment.
This sounds awfully easy but nothing could be further from the truth.
A stock plunges on bad news the company is stable and will recover your sure. But while everyone exits the back door selling , there you are buying. This sounds easy. But the newspapers, the radio, your friends, relatives, girlfriends, strangers are predicting this company is about to fallen into hell.
And there you are buying with investor money , your money , you fathers money. And then the phone calls come in from your investors as the stock goes further down and your still buying. The investors are screaming get out. You calmly explain that this is the time to stay put and buy more. This buy the way is the reason that a good fund manager doesnt bother telling his investors what he is doing. People who use others to invest dont have temperment or courage or knowledge. Or more correctly the desire to know these things. They just want instant returns and riches. Nothing is easy.
The key point is knowledge. When your knowledge and research is correct . You can keep the investors in the corral. You have confidence in our selection even if it is going down and your buying more. To have access to all the Gurus and passed picks is a wonderfull tool. And Guru focus with useing Value line and all the online tools available to everyone . Why you can be a Guru too. You just have to want it bad enough. So you gotta ask yourself one question.
Do you feel lucky today ? Cause luck has nothing to do with it. Just plain old hard work and reasearch. Guru focus as the name implies is a hidden Gem Focusing in on alot of money for the average joe to make if only they want to understand and apply there new found knowledge. If you boat doesnt come in then swim out to it.
Oh there is one other thing I noticed is that most of these great investors are a little out step with most other people . They do think differently and look at things from interesting perspectives. Really if you find this is true and your misunderstood then you may qualify. Qualify for what I am not sure. But something. Big. Think differently. Invert and remember all we are looking at is Energy.
