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Rais M
06 Mar 2020
Accountant at SME
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The first stock you ever buy cos thats the one that start your path on investing rather being a hesistant outsider dragging his feet
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Still waiting for one day when I can say that I have made a good stock purchase :(...
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One of my best purchase is Disney. A 3 bagger based on my first purchase. I had purchased more recently.
The reason I bought it initially is partly due to misunderstanding the "Buy what you know" quote from Peter Lynch. I bought Disney simply because they own Marvel.
However, subsequently, when I realized my mistake, I took a closer look and realized it was actually a good buy based on it's business along, and even a greater buy based on it's long term plans.