Consistent (Stick to your plans)
In hindsight, so often we think of "only ifs". Such a dreadful feeling.. only if..
Today and probably the first time I read of Warren Buffett admitting that he did some dumb things in investments - *JAW DROP*. Warren Buffett, one of the world's most successful investor trading shares that you and I can access, and also the world's richest person (or sometimes second, besides the point). It came as a surprise to me that he admitted to a dreadful mistake in one of his investments last year - he invested in this oil company when oil was at it's peak.
So maybe I shouldn't feel so bad afterall, I did the same thing. But no, I condemned myself. I sold most of my shares when it was maybe 10 - 20% from it's peak (prior to the crash) making a nice profit, except then fear and greed got the better of me - I bought back. That 10 - 20% subsequent rise proved enough to stray me from my plans. Stupid immature idiot.
But come on, that's just me. As for Warren Buffett, being a value investor and has ALWAYS been consistent in his approach, I wonder what went wrong..
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