"I like people admitting they were stupid , I know I will perform better if I rub my nose in mistakes "
- Charlie Munger
Hence Sharing my Investment Mistakes with you In this Thread 🧵
These 2 mistakes that I am talking are at the time when I had just entered the stock market and didn't know anything about fundamental & business analysis
1. Tata Motors -
So in Jan 2021 everyone was pretty bullish on Tata Motors
One of the reason was that Rakesh Jhunjhunwala had invested in this Business
And at that time I didn't know anything what is fundamentals of any company
Hence in herd mentality I invested in Tata Motors solely on basis that they are entering Electric Vehicle
Watched Love China Or Hate China , You Can't Ignore China By @PPFAS . This is 101 Guide to Investing in China & Revealed Scary Insights about shell company's
2/
Watched Metaverse & Web 3.0 by @BeerBicepsGuy & @AnshulRustaggi . This is the best video I found to understand about Web 3.0 & 101 with Metaverse . This is a 2 part video , Loved both parts