For opporunity cost purposes, I only initiate on what I perceive as potential multibaggers
Like
- Structural changes: Leads to incalculable surprise to the upside
- Operating leverage: Right amount
- Long runways: Huge achievable TAMs
- Multibaggers: Usually a product of value and growth
- Spawners: Companies with the potential to expand their universe indefinitely
- Disruptors: Takes time and imagination to fully understand
- Overlooked supply chain: Usually gems hidden deep in the supply chain
- Discounts: Usually parent companies trading at a discount to equity NAV, with its core business turning around
- Synergistic conglomerates: 1+1>2
Dislike:
- FOMO mindset: Ignoring valuations
- Perpetually declining business: Hard to evaluate
As a small retail investor, purchasing a company’s equity is an act of self-comfort, resulting from my inability to participate in the company’s forthcoming value creation.
-Mr. Waterbear
waterbearinvesting@yahoo.com
