1. Stay in your circle of competence
2. Avoid companies with bad economics.
3. Estimate intrinsic value.
4. Margin of safety
5. Take advantage of market fluctuations.(Mr Market)
6. Do your own independent analysis and research.
2. Avoid companies with bad economics.
3. Estimate intrinsic value.
4. Margin of safety
5. Take advantage of market fluctuations.(Mr Market)
6. Do your own independent analysis and research.