I Gede Tirtanata

Investor | Stock Market | Agribusiness

~price is what you pay, value is what you get~

[I Gede Tirtanata @gedenata_]

The big money is not in buying or selling, but in the waiting.

[I Gede Tirtanata @gedenata_]

Investments rely on past data to secure capital and ensure returns, aiming to protect against uncertainty, while speculation focuses on future potential and profit from uncertain developments.

[I Gede Tirtanata @gedenata_]

In investment, analysis enhances consistency by controlling risks and leveraging reliable information. However, in speculation, where luck plays a significant role, the value of analysis is diminished as it cannot fully account for unpredictable outcomes.

[I Gede Tirtanata @gedenata_]

Securities analysts face significant challenges from inaccurate data, uncertain future conditions, and irrational market behavior. Addressing and understanding these issues is crucial for an effective analytical process.

[I Gede Tirtanata @gedenata_]

Intrinsic value shouldn't be based solely on historical data or averages, as these may not accurately represent future conditions. A thorough and realistic analysis is essential for a precise assessment of intrinsic value.

[I Gede Tirtanata @gedenata_]

The margin of safety counted on to protect the investor against loss or discomfiture in the event of some future decline in net income.

[I Gede Tirtanata @gedenata_]

Understanding the difference between investment and speculation is the first step in achieving investment success.

[I Gede Tirtanata @gedenata_]

An investor calculates what a stock is worth, based on the value of its businesses.

[I Gede Tirtanata @gedenata_]

How your investments behave is much less important than how you behave.

[I Gede Tirtanata @gedenata_]

The future value of every investment is a function of its present price.

[I Gede Tirtanata @gedenata_]

By developing your discipline and courage, you can refuse to let other people’s mood swings govern your financial destiny.

[I Gede Tirtanata @gedenata_]

Invest only if you would be comfortable owning a stock even if you had no way of knowing its daily share price.

[I Gede Tirtanata @gedenata_]

To make good decisions, you should be able to think rationally. Doing nothing and keeping trust in your current positions is also a decision.

[I Gede Tirtanata @gedenata_]

When making investment decisions, either you learn or you earn. Consider investment mistakes as learning opportunities.

[I Gede Tirtanata @gedenata_]

Buy good business, don’t overpay, do nothing. So easy in theory, so hard in practice.

[I Gede Tirtanata @gedenata_]

Compounding works like magic when you let it work long enough for you.

[I Gede Tirtanata @gedenata_]

Focus on what matters. Good investors ignore the noise.

[I Gede Tirtanata @gedenata_]

Free cash flow is king.

[I Gede Tirtanata @gedenata_]

Good investing and good business are synonymous. When you invest in good business, great investment results will follow eventually.

[I Gede Tirtanata @gedenata_]

Successful investing is about managing risk.

[I Gede Tirtanata @gedenata_]

When you have a long-term mindset, you shouldn’t worry about daily stock market fluctuations. The best investors are very patient.