Daylynn Pinto's most precious investing lessons

My most precious investment lessons are:

• Being contrarian in my approach towards stock or sector selection.
• Focusing on the price I pay for a business rather than categorise companies as high-quality or low-quality.
• Try and control my emotions while making an investment decision.

Over the years, I have made several mistakes that have moulded my investment philosophy, such as:

• Inability to understand market cycles and its impact on companies.
• Excessive leverage can set you back a long time.
• Underestimating the margin of safety while buying a stock.
• Inability to predict the future with any certainty.

Over time, I have tried to improve my understanding in all these areas while building a portfolio.

This article was originally published on August 08, 2022.