“The investor’s chief problem—and his worst enemy—is likely to be himself. In the end, how your investments behave is much less important than how you behave.”
– Benjamin Graham
I spent the first 10 years of my career learning how to pick stocks.
And even at that, I will continue to make mistakes.
After hundreds of site visits and mistakes and successes on both the technical and financial side, I’ve found a framework that works for me.
Almost as important as my due diligence framework is my framework on how I buy the stock and when and how to sell.
For one, you should never load up 100% of your desired position into any single buy order.
Perhaps there are other fund managers and newsletter writers who have a mystic ability to buy only once and be set.
But I have found (through direct experience) that the best results have been from buying in tranches.