Now that there's an alarm that there's a crash in the market, few insights from the legendary Value Investor, Mark Mobius-
1. It's an obsession- You live investing. Waking up or going to sleep, you are thinking about your stocks, researching them.
2. Buy in panic, Sell during bubble- Easier said than done, take Q1 2020, were you able to put in more capital, even as your portfolio declined?
3. Learn from mistakes- Great investors are great because of their intense desire to learn from their own past mistakes.
4. Common sense view of risk- The greatest risk control is common sense.
Ex: Ruchi Soya became 1500 from 100, again to 400, back to 700 in an year.
Common sense says to resist and don't buy into hype.