Peter Lyncy started his initiation in stock investment from caddying in a exclusive golf club for rich CEO from Fidelity, Gillette,Polaroid and etc.
“Tangential Benefit” strategy is looking at old fashion brick and mortar companies that employ dot-com to cut cost, streamline operation, become more efficient and therefore more profitable.This strategy is called “Free Internet play” where the dot-com company is embedded in a non-internet company with real earning and reasonable stock price. During the first internet boom, there is another strategy to separate the good dot-com from the lousy one.During the America gold rush, the losers were mainly the miners who went to mine for gold, the main winners were those who sold picks, shovel, tents and Levi blue jeans. When investing in stock, consider the “Pick and Shovel” strategy.With the convenient of internet, everyone is equally able to access the same information. In stock investment, there is really no difference between professionals and amateur.Rule Number one, Stop listening to Professionals.(English to Chinese translation in progress…stay tune….)