Strategies of RETAIL INVESTORS - Part 1

This Investor had been investing from the late 60's, many years before the Stock Market that we know now came into being (Colombo Stock Exchange was started in 1985, but the Stock Market existed from 1800's). He was an Accountant. He Started investing into Hayleys Plc from the day 1. He never believed that the Bank will give him the best rate, so investing in Stocks was what he did to beat the interest rates. Another perception he had was that spending your hard earned money in buying a land and building a house is a waist. The reason he said was that if he had to build a house then he will have to put most of his cash into the building, which will not allow him to sell as fast as Stocks. So he always lived on Rent. While he was an investor looking for holding his investments  for a long period, he relied on the dividends and bonus issues to make short term returns. The money he got from his Job as an Accountant, the proceeds he realized from dividends and the sale of extra bonus shares, was what he would reinvest at the price he feels cheap. How he would interpret the Price as cheap was a personal secret, based on his knowledge and experience. He had 3 Sons, and all were educated  abroad as Engineers and a Doctor. All this he did was due to the wealth he created from the Stocks he held onto.The secret for his success was that he had his personal plan and he always stuck to it, never feared and never wavered. This guy was brilliant, he was always free to teach the young and simple enough to help all other investors.
It is through him that I learnt that you must Think Long term and  Make short term returns. Rest in peace Mr. P.A.J.