From time to time it happens to me, this feeling of "How i brought it on myself". It's not an easy feeling but I've learned to live with it.
Current status: -29% from the top. And the top was 2 month ago, when i claimed to myself that i cannot find a new investment which correspond my specifications, but i still believe i have the right issues at my portfolio. At the same time I've added SDRL and RIG and more stocks of CTCM. From investor who has C stock for almost 30% of his portfolio i become leveraged, probably by LOW PB and PE of those stocks.
I have to admit- I didn't check the oil price while getting into the stocks. I just like the numbers at the reports. The valuations.
So what is the feeling I'm talking about? The feeling is "How i wish". How i wish the cover is soon to come. That new falling isn't soon. How i wish that my mistake not going to cost me once i sell the stocks. Since i still believe a recovery should happened, i hold them. Meanwhile, i leveraged my portfolio by 16%. With those issues:
|Symbol||SUM||% Of all|
|Tower agach 6||20,559||14.39%|
|Tower agach 4||8,160||5.71%|
|RIG call 16 Jun 15||158||0.11%|
Since i don't believe in wishes, i have to put my confident my investigation, to believe i did it right. So the answer is that "yes" i believe, but, a new thought come to mind- i will never be a great investor. (last year i did 30%...) and i can stop reading this biography of all the greatest, it worth nothing.
Good luck for all of us.