First Lynch lesson
2010-11-11 21:05, Edited at: 2010-11-11 21:05Please note: Community posts are written by its members and not by Redeye’s research department. As a reader you’re always encouraged to critically analyze the content.
In his teachings Peter Lycnh is pushing for the fact that average Joe has an enormous advantage against the big bankers - WE ARE ALLOWED TO USE OUR DAILY LIFE EXPERIENCES TO FIND POTENTIAL INVESTMENTS. We are not limited by rules such as; what list is the stock on?, trading volume?, how many analyst are following the company? are we over or under-weighted in the sector?etc... Above is how I found HTC (2498:tt). I observed that more and more of my friends were buying HTC Smartphones and after a regular value investing valuation it was obvious that this was a no-brainer. I bought HTC the first time in end of April and 2 weeks ago I added more shares. The point of this teaching is that if you work in the auto industry or the retail industry you will most likely notice patterns before the vast majority does. USE THIS!