HOW TO USE TWITTER TO BECOME A GREAT INVESTOR:
I’ll start by saying that learning from Twitter, if used correctly, is better than books. Twitter is full of good mentors, even if you don’t speak directly with the investor, Twitter offers a form of mentorship. So let’s begin:
I’ll start by saying that learning from Twitter, if used correctly, is better than books. Twitter is full of good mentors, even if you don’t speak directly with the investor, Twitter offers a form of mentorship. So let’s begin:
1-Becoming a great investor requires to READ A LOT, so find a space or a few spaces that interest you, avoid becoming a jack of all trades and a master of none-this will get you nowhere.
As a master in a niche field even the smartest people in the world..
As a master in a niche field even the smartest people in the world..
will want to hear your opinion.
2-Find a few Twitter “mentors” in the space/s you have chosen and follow them. A mentor is someone that has a proven track record of making good calls AND DESCRIBES HIS INVESTMENT THESIS ON EVERY CALL HE MAKES.
2-Find a few Twitter “mentors” in the space/s you have chosen and follow them. A mentor is someone that has a proven track record of making good calls AND DESCRIBES HIS INVESTMENT THESIS ON EVERY CALL HE MAKES.
3-DONT JUST COPY, Understand how the mentor thinks, TAKE YOUR TIME, analyze the logic, ask yourself from what angles is he approaching the issue.
4-Most mentors have a modus operandi(MO), a way they approach the analysis, understand what it is.
4-Most mentors have a modus operandi(MO), a way they approach the analysis, understand what it is.
Your mission is to extrapolate the MO and not the ticker symbol.
5-Read as much as you can on the space you have chosen, it’s important to expand your knowledge on the space.
6-Don’t waste your time following the stock market on a daily basis, politics,..
5-Read as much as you can on the space you have chosen, it’s important to expand your knowledge on the space.
6-Don’t waste your time following the stock market on a daily basis, politics,..
stupid stock market statistics or macro economics all these are just noise they will not make you a better investor.
7-Start working on your own MO, arrange it as a list if you like.
8-To be successful you need to have a constant inflow of good investment ideas,
7-Start working on your own MO, arrange it as a list if you like.
8-To be successful you need to have a constant inflow of good investment ideas,
look for and add more “Twitter mentors” to your circle.
9-Find hedge funds with proven track records that own stocks in the space you chose.
9-Find hedge funds with proven track records that own stocks in the space you chose.
Hedge funds are obligated to report quarterly what they own, there is a lot of gold hidden in those reports and a lot of investment ideas worth researching.
Feel free to tag mentors you have found, if possible mention in what type of investments they specialize
Feel free to tag mentors you have found, if possible mention in what type of investments they specialize
