I think i'll still be with the firm for a couple of months and i don't want to invest and risk being investigated by SEC - i know how tightly they monitor. That means all my current research kinda becomes in-actionable immediately. However, it will help me lay the groundwork for when i can transact. Maybe i'll turn the pace down a notch - let's see.
In thinking through the overall strategy of value investing vs trading, i prefer value and that makes sense to me. Find a good, reasonably priced asset, and hold - even in the worst of times.
I also think, though, that there are some obvious short term trades (<1 year) which can provide significant value, at least in the current state of the market. If there is a massive crash, that may go down the drain. And you have to take that loss. These are mainly commodity driven - so steel prices are low now and on the way up - find a good steelco. Or event or earnings driven, like Match - upside from cuffing season and FIFA this year. Simple, short term stuff.
At current level of accessible capital, investing will have to remain a secondary exercise if i live in the US - i need to get a job. If i move to India, i think i can afford a couple of years to get invested.
In thinking through the overall strategy of value investing vs trading, i prefer value and that makes sense to me. Find a good, reasonably priced asset, and hold - even in the worst of times.
I also think, though, that there are some obvious short term trades (<1 year) which can provide significant value, at least in the current state of the market. If there is a massive crash, that may go down the drain. And you have to take that loss. These are mainly commodity driven - so steel prices are low now and on the way up - find a good steelco. Or event or earnings driven, like Match - upside from cuffing season and FIFA this year. Simple, short term stuff.
At current level of accessible capital, investing will have to remain a secondary exercise if i live in the US - i need to get a job. If i move to India, i think i can afford a couple of years to get invested.
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