I once have someone asking me, how do I decide which stock to study? Do I find the industry that I like before selecting which company within that industry to research on? To be honest, I take a bottoms up approach. Meaning, when I come across a stock, I must first get pretty excited after taking a quick look at it and its valuation. Once I get excited, only then I will be incentivised to expand my circle of competence and dig even deeper.
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