InvestorsHub Logo
Followers 49
Posts 1834
Boards Moderated 0
Alias Born 02/08/2007

Re: salgovernale69 post# 92419

Saturday, 01/16/2016 1:20:41 PM

Saturday, January 16, 2016 1:20:41 PM

Post# of 97239
OK, I gotta speak up here, but your comment is just ridiculous, and makes me think that you just blindly follow Sheff... buying when he buys, selling when he sells... without really doing DD yourself and understanding what it is you are buying or the reasons behind it.

It is obvious that Sheff does a ton of work researching companies... and IMO, the toughest part of bio investing is to FIND the companies that are undervalued in the first place. At that point, it is relatively easy to do the DD and see if you like to buy, sell or hold.

By your complaining that you cannot copy Sheff exactly it makes me think that you are just blinding pushing buy and sell buttons as soon as possible after he does, which... is kind of sad, IMO.

Here is the most relevant quote from Livermore, IMO:

http://www.asxmarketwatch.com/2011/12/the-top-30-quotes-from-jesse-livermore-on-trading-and-investing/

Jesse Livermore Quote 7:

“The average man doesn’t wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn’t even wish to have to think.”

*******************************************************************
My recommendation is that people start trying to LEARN to fish, rather than just trying to hang onto Sheff's coattails and hope he hands out free fish and gives them to you.

Good luck.
g

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.