Figure out what you don't want!
When looking for your next trade or investment sometimes the best starting point is figuring out what you definitely DON'T want.

I made a decision a while ago to exclude Biotechs & Chinese stocks from my sphere.

I also ignore almost* any stock under $10. (I will consider some that are big names or mkt cap, but generally this weeds out a lot of the shit).

Reducing the universe of names is a good starting point.
AverageInvestor's avatar
I feel the same way about bonds. Just not my jam so I can bypass the noise about that market and instead focus on those areas I’m interested in.
Hag's avatar
I seem to have stumbled (not quite blindly, but definitely in a bit of a fog due to lack of experience) into 4 distinct sectors, Tech, FinTec, Automotive, Medical/Biotech…I work in Oil & Gas, and spent 10 years in Pharma (Little Island) before moving to the Middle East. I think I know what I like, but try to remain open minded - I am getting better at ignoring the noise though.
Irish Born Investor's avatar
@hag For me it came about with Biotech/Pharma when scanning recently. A lot of speculative Biotechs popping up on scans recently but when you scroll back many have like 80% one day drops in the past. That's just not for me if I can avoid it at all!
Hag's avatar
@irish I hear you, I bought some $XPEV stocks in March ’21, my thinking was that China would support their own over Tesla, and they might yet, but I’ve watched the price go down 74% since then. I’ll hold long term, but it makes me pause when a Chinese company pops up on my radar and now I give them a quick scan and move on.
The Thinking Investor's avatar
Inversion is a great strategy here. My goal has been to find red flags as quick as possible so I can move onto analyzing better opportunities.
Modern Growth Investing's avatar
my list is unethical businesses that cause harm to humanity to make money, dying incumbents aka dinosaurs, "value" shitco's(I like value quality though), not a fan of marketing/sales-driven businesses(although I am guilty of owning a few, they make a lot of money, cant ignore), purely capitalistic businesses that care only about profits and selling sales to wall street(i like my businesses to care about all stakeholders, kinda like $COST), also anything that comes across from fintwit sourced from content creators/marketers but poor investors(nothing wrong with this, but these folks are just riding the name to get a following, remember PTON gurus? lel)

I am trying to build something exceptional, no compromises is the way to go.
Rihard Jarc's avatar
Good point in starting to screen from what you don't want.



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