It Seems I'm Not A Shark

Filed in archive Investing on October 31, 2007

Last week I reviewed the new book Invest Like A Shark, which advocates an in-and-out, take-a-bite-and-swim-away sort of approach to investing over a buy-and-hold philosophy, the point being that buy and hold means you could be holding for a long time. I decided to give this shark Investing a try.

I'm no shark.

I give huge amounts of credit to people who manage to trade and make a living from it, because in my short experience it's time-consuming, stressful and (at least for me) unsuccessful. Identifying buying opportunities, jumping in at the right time, jumping out at signs of danger-I'd love to say that I have the swashbuckling style that feeds off such an adrenaline rush, but mostly I just lost some money and felt bad about myself for being too dumb.

It's too bad, because I did enjoy reading the book, and it had me fantasizing excitedly about devouring the market with my mighty Jaws. Alas, no.

Back to the drawing board for me.