12-11-2019, 09:50 PM
Introducing Micro-Mechanics as case study for Good stocks cheap
INTRODUCTION
This book puts forth a model.
The model does three things.
First, it makes it likely that one will make investments that, over a lifetime, produce above-market rates of return.
Second, the model makes it unlikely that one will make investments that deliver below-market rates of return.
Third, the model also introduces the possibility that one will not make investments that would have delivered above-market rates of return.
The model begins with three steps.
First, do I understand it?
Second, is it good?
Third, is it inexpensive?
Begin with the end in mind, the introduction expressed exactly how I see the returns of Micro-Mechanics.
I felt that Micro-Mechanics will likely produce above-market rates of return.
Unlikely, Micro-Mechanics will deliver below-market rates of return. So far, so good. Both valuebuddies ksir and myself had enjoyed 400% growth since our initial purchase.
Lastly, I had to agree that this model might produce the possibility of below-market rates of return. The possibility always exist.
This pointer will allow me to be alert to significant events that changes the investment merits of Micro-Mechanics.
[You might not know, I had throughout my holding of Micro-Mechanics, seeking help from quite a few valuebuddies for their input on risks of Micro-Mechanics. Yes, even our legendary d.o.g. too. Understanding risks of owning Micro-Mechanics is and will always my top priority]
Let's begin the journey to explore together using Micro-Mechanics as an case study for "Good Stocks Cheap".
Since there will be 21 chapters and so my intentions for 21 posts to answers these 3 questions. My posts will never be exhaustive and valuebuddies are encourage to also think/read along the following:
1. Understanding Micro-Mechanics
2. Is Micro-Mechanics good?
3. Is Micro-Mechanics inexpensive?
INTRODUCTION
This book puts forth a model.
The model does three things.
First, it makes it likely that one will make investments that, over a lifetime, produce above-market rates of return.
Second, the model makes it unlikely that one will make investments that deliver below-market rates of return.
Third, the model also introduces the possibility that one will not make investments that would have delivered above-market rates of return.
The model begins with three steps.
First, do I understand it?
Second, is it good?
Third, is it inexpensive?
Begin with the end in mind, the introduction expressed exactly how I see the returns of Micro-Mechanics.
I felt that Micro-Mechanics will likely produce above-market rates of return.
Unlikely, Micro-Mechanics will deliver below-market rates of return. So far, so good. Both valuebuddies ksir and myself had enjoyed 400% growth since our initial purchase.
Lastly, I had to agree that this model might produce the possibility of below-market rates of return. The possibility always exist.
This pointer will allow me to be alert to significant events that changes the investment merits of Micro-Mechanics.
[You might not know, I had throughout my holding of Micro-Mechanics, seeking help from quite a few valuebuddies for their input on risks of Micro-Mechanics. Yes, even our legendary d.o.g. too. Understanding risks of owning Micro-Mechanics is and will always my top priority]
Let's begin the journey to explore together using Micro-Mechanics as an case study for "Good Stocks Cheap".
Since there will be 21 chapters and so my intentions for 21 posts to answers these 3 questions. My posts will never be exhaustive and valuebuddies are encourage to also think/read along the following:
1. Understanding Micro-Mechanics
2. Is Micro-Mechanics good?
3. Is Micro-Mechanics inexpensive?