RE: Added20 May 2021 12:21
Lowboy (and SEA), I have been investing serious money for 15 years and the reality is that we all have our strategy, risk profile and views. Over these years I achieved a very healthy return and when I look back I have on average lost money on small short term trades, where I followed others without true research for fear of missing out when an RNS comes out etc, and made very large returns on well researched medium long term investments. It might sound simple but one of the key messages is buy low and sell high, bearing in mind that you will never get the bottom nor the peak . Take ADV as an example, I have built up a position over the last 16 months and I'm still adding at current levels as we have not moved a lot, but the first exceptional deal has taken place (this is mainly due to the churn after such large raise necessary for the first deal). Large gains for me always unfold in 2-3 years, rarely in 2-3 months, and therefore patience is key, but will reward you if you stick to your process.