{"product_id":"value-investing-logbook-journal-your-stock-investing-ideas-so-you-never-miss-out-on-a-10-bagger-again-9798578447891","title":"Value Investing Logbook: Journal Your Stock Investing Ideas so You Never Miss Out on a 10-Bagger Again","description":"How to Become a Better Investor in 30 Days by Overcoming Your Own Biases\u003cbr\u003e\u003cp\u003eLegendary management guru and author of \u003cem\u003eThe 7 Habits of Highly Effective People\u003c\/em\u003e, Peter Drucker once said, \"what gets measured, gets managed.\"\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eAnd when it comes to investing in stocks, we found one of the biggest reasons investors weren't getting results is that \u003cb\u003ethey didn't have a consistent process for selecting them in the first place.\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eSometimes they would buy off a tip from a friend or family member.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eOther times they would hear about a company in a Facebook Group, or on a website trying to sell them a $2,000 stock newsletter subscription.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eThey would then select them based on arbitrary criteria, like being in a particular industry, or paying a dividend over 5%.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eNow if you've done this in the past, don't worry.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eThere are very few people on Earth who can say they haven't.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eThat's where this logbook comes in because using it will benefit you for two main reasons.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003e1. Help you overcome your own biases. \u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eBy being able to spot patterns in your investing, you'll be able to evolve and iterate your process.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003ePerhaps you're looking at companies without a competitive advantage or moat. Or ones that don't have any recurring revenue built into their business model.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eThat's why we included our checklist to see for yourself how many of our successful company criteria each company meets.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003e2. Track your actions. How long do you wait before buying a stock? \u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003ePrice anchoring is a massive obstacle that many investors struggle with. We'll cover it in more depth in the next few pages, but for now, ask yourself this.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eHave you ever discovered a stock, decided not to invest, and then a few days later, the price goes up by 10%?\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eSo you hold off buying, hoping for a dip. But that dip never comes, and before you know it, the stock is up 30 or 40%.\u003c\/p\u003e\u003cp\u003eOr on the flipside. How many times have you bought a stock at what turned out to be the highest price possible... only to see the stock go lower right after you bought it?\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eThe funny thing is, this doesn't happen as often as you think it does.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eBut you DO remember the times when it does happen.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eThat's why this book exists. \u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eBecause by tracking how you select stocks, you will understand why your best stocks are performing the way they are.\u003c\/p\u003e\u003cp\u003eSo you can buy more companies like these great stocks, while avoiding money losing duds along the way.\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eNo one gets it right 100% of the time. So you shouldn't expect yourself to\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eLegendary investor Peter Lynch, who achieved some of the best returns ever for a fund manager (29.2% annual growth over a 13 year period), said that \u003cb\u003eyou only need to be right 6\/10 times when investing.\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eBecause your winners, provided you hold them for a long time, will always make up for any losers.\u003c\/p\u003e\u003cp\u003e\u003cb\u003eSo start your journey to better investment returns today by scrolling up and clicking \"add to cart\"\u003c\/b\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=AUTH-13870131\"\u003eFreeman Publications\u003c\/a\u003e\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Independently Published\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 12\/08\/2020\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 120\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.65lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 11.00h x 8.50w x 0.25d\u003cbr\u003e\u003cb\u003eISBN13:\u003c\/b\u003e 9798578447891\u003cbr\u003e\u003cb\u003eBISAC Categories:\u003c\/b\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS050020\"\u003ePersonal Finance | Investing\u003c\/a\u003e\u003cbr\u003e\u003cp\u003e\u003ci\u003eThis title is not returnable\u003c\/i\u003e\u003cbr\u003e\u003c\/p\u003e","brand":"Independently Published","offers":[{"title":"Default Title","offer_id":50037612118253,"sku":"9798578447891","price":12.48,"currency_code":"USD","in_stock":false}],"url":"https:\/\/sureshotbooks.com\/products\/value-investing-logbook-journal-your-stock-investing-ideas-so-you-never-miss-out-on-a-10-bagger-again-9798578447891","provider":"SureShot Books Publishing LLC","version":"1.0","type":"link"}