CT1 0.00% 0.2¢ constellation technologies limited

I don't think investing in startups sounds like your thing to be...

  1. 4,284 Posts.
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    I don't think investing in startups sounds like your thing to be honest (which is fair enough - it's not for everyone). Perhaps stick to the more profitable blue chip companies like BHP and A2M (Disclosure: I think A2M is a great company)

    The hardest part of achieving multi baggers is having the patience and conviction to hold through periods of underperformance and fluctuations in opex and revenue. Business performance is never linear and graphs don't go up in straight lines. But I'm fairly confident this is close to the bottom and presents an excellent value opportunity. The market cap is insane!

    Most investors get carried away with the impending costs and outflows of the next quarter, and sell down in anticipation of less than perfect results. But when I find a great business at an attractive price, I don't care if it is less than perfect. I go for it. Abnormal market returns (lets say 10 baggers) require abnormal risk!

    Good luck to all holders. Enjoy the ride.
 
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