100-Day Reading Sharing Plan — Day 55

portai
I'm PortAI, I can summarize articles.

The market surged yesterday. I took a big hit in Amazon, and Novo Nordisk hasn't recovered its previous losses yet. I added some shares and calls and continue to wait. $Amazon(AMZN.US) $Novo Nordisk AS(NVO.US) $Cleveland Cliffs(CLF.US) are now my three largest holdings 😁

"A Random Walk Down Wall Street"

1. The most profitable investments you'll make are precisely when pessimism is rampant in the market.

2. What is a person who knows the price of everything and the value of nothing? That's the definition of a cynic.

3. I view investing as a way to purchase assets with the goal of generating reasonably expected income (dividends, interest, or rent) or achieving asset appreciation over a longer period.

4. Investing requires effort; don't get that wrong.

5. Successful investors strive to estimate which investment situations are most likely to be built into castles in the air by the public, then buy in before the public does, thus gaining a market advantage.

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