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A SMART LOOK AT INVESTING

The greatest secrets of investing (not taught in schools)

Focus on the business narrative, not the stock price. Over time, stock prices converge to each business’ intrinsic value

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    • Successful investing is not about gunning for the highest returns, but the best return you can sustain for the longest period of time.
    • Successful investing is not about gunning for the highest returns, but the best return you can sustain for the longest period of time. ILLUSTRATION: PIXABAY

    Eugene Ng

    Published Tue, Mar 14, 2023 · 05:43 PM

    THE greatest secrets of investing are neither taught in schools nor at traditional financial firms.

    As an investor of six years, I am fortunate to have learnt from the best, and would like to share 16 of the greatest lessons I have picked up.

    Stocks are part-ownership stakes in real businesses. Stay focused on the business narrative, not the price narrative. Over the long term, the key determinant of whether the share price rises or falls will depend on the business itself, and whether it has growing revenues, profits and free cash flows.

    A smart look at investingLong-term value investing

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