There are many times when you buy a particular stock and then question why you own that particular stock. In fact, it happens all of the time, when you get your weekly, monthly or annual statements, it is after all supposed to be part of the process, making sure that the thesis is still firmly intact. Making sure that the specific investments that you own still fit the profile, still match all the criteria that you are looking for as an investor. It is Warren Buffett’s friend and right hand man who always says that it isn’t supposed to be easy. What he (Charlie Munger) means by that is stock investing of course is harder than most people think, it is only the longer you do it that you realise that. Unlike large amounts of push ups and bunker shots for South Africa’s most decorated golfer. True story, say what you want about Gary Player (80 years old), at 9 majors, he is more than double that of the next South African.
