Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper.
We like to buy stocks which we feel are undervalued and then we have to have the guts to buy more when they go down.
Managements, you know, often think of themselves.
Enjoy your work and have ethical standards.
Have a philosophy of investment and try to follow it.
Some kinds of stocks are easier to analyse than others.