This episode is a reminding session for our Delugne Nation. As you improve to become better investors, no matter how good you become, remember, you can't be right all the time. And it doesn't just apply to investing. Whatever you do, know that people make mistakes. Life will be so much better when we go through it with an open mind. So know that you can't always be right all the time.
When it comes to investing, we are essentially trying to find for great businesses early. Even before anyone else finds it or even before it becomes obvious in the financial statements. But with this approach, understand that there is always a possibility of things not going according to plan.
Why?
Because in the world of business, there are a lot of moving parts. It's not as simple as looking at the numbers and go "Ohh..good profit margin, low debt, high ROE, huge growth potential".
It's not that straight forward.
In fact, if you're looking for small or even microcap companies, some information can be imperfect. Because these companies are small, the businesses are growing and their management is still learning.
So the truth is, you are not going to be right all the time. And that is what we will be talking about in this episode.
Check out this episode to find out more!
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For more info about us or if you have any questions in mind that you'd like to ask, feel free to send us your questions at Delugne.com and you can find out more about us from there as well.
