While we’re in between a raging bull run, here’s a reminder:
Return Of Capital > Return On Capital.
For an investor, capital is the tool using which he builds a wealth. If you lose capital, you lose the game. Protect your capital.
During bull market you should try to avoid FOMO, intraday trading, buying ‘hot’ stocks, buying stocks on leverage, mindlessly buying a stock just because it’s rising in hope of selling at higher price.
Most mistakes happen during a bull market.
Thought to send this reminder so that you avoid costly mistakes.
Enjoy the bull run.