Saturday, January 20, 2018

Strategies of RETAIL INVESTORS - BLIND YET INVESTS Part 3

 The Investor I am talking today is in his early 80's, and due to glaucoma he is totally blind. I repeat TOTALLY BLIND.
He had been a brilliant Engineer upto 1983, He was 48 years. He was completely shattered when he saw how people got massacred in 1983 riots, right in front of his eyes. He never entered His office ever since. Instead He decided to stay at home and make a living. His living was so successful that he had built 3 houses for His children and gave them all the best of education, as they are now well established. Why I say that he is brilliant is because he just keep the records of his share dealings in his brains. As he can't see his wife helps him to write them and keep the accounts, whilst reading financial reports and announcements so that he could study the stocks to invest into. His strategy is simple. He swaps his funds between Fd's and Stocks. Also he is buying in stages way below the present Price when he believes that the market is coming down, whilst selling way above the Selling price when the market is going up. Even if he could pump in millions of cash, he will always buy and sell in 100's,200's,300's or max 500's. Is this a simple strategy or not!!!

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