Good reading on buy and hold long term strategy.
Should put more focus on analyzing emotion, that trigger the good decision making and action..e.g couple on investment strategy.
Husband(analyst) doing portfolio analysis, feedback to wife(finance controller), to buy / sell at what price, units, discount, premium, pe ratio, debts, core business ..etc. 2 ways comm. and opinions shared.. Will be great if one of spouse is in financial/ economy background. But got cons side, on relationship, family, matters need to separate from investment strategy + decision. I 'm in high influence during stocks analyzing with few friends during Lehman Bro, AIG news outbreaks, managed to buy few stocks like AIG, Citigroup, LVS, BZH during Nov 2008 - April 2009. Unfortunately my friends were in greedy emotion, made them selling their portfolios when reaching certain % profit... within few days, they found hard to buy back as stocks gradually uptrend till today. Why hard to buy again? Units X currency exchange rates and getting lesser units, or look after others penny stocks which, very slow gain..
During my trip to USA in June, during townhall session, I managed to ask one question to one of the SnP CEO, on acquisition of small/ medium company to grow up company business, as own stock price was at all time record high.. Answer = do not pay premium price on acquisition, and suffer pay high cost which may takes very long period to break even, which also may bring down cash flow, or stock price value.
sentiment, looking for immediate gain and have limited access to unbiased news and insight reports.