Friday, April 30, 2021

The research part of investing is undoubtedly more interesting than the act of investing itself.

 So, after KAB, I picked up Hartalega somewhere in 2019. Why? I can't remember now. I think it was because of the name - perhaps I thought the name meant my fortune was in safe hands. Another non-investing move that was. The good that came out of it was I bought when it was priced around RM5 and we all know it shot up to the teens and even touched circa RM20 sometime in 2020. 

Having 400% unrealized return was real nice - I'll give you that. 

Not knowing whether to leave it or cash out though, was not so nice coz I didn't know if:
a) I should put in more capital
b) I should take some money off the table and if so, how much?

In the end, I decided to take cash out half of my harta holdings and leave the remaining 50% - that way I would have recovered my initial capital while still having a position in it.

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