UK Value Investor

I'm going to record an analysis of each of the trades that I make so that I can learn from each trade.  I'm sure that sometimes there may be nothing to learn, but that's not always going to be the case and it certainly wasn't with my first value stock back in 2008.

I had come to value investing from a more typical mindset where I was trying to predict the future in order to see where it was going to be most profitable to invest.  I had been heavily invested in energy stocks through unit trusts back in 2005-2008 and they'd done incredibly well, almost doubling my money.  But I had no idea how to value these unit trusts nor the stocks within them.  When oil went to $146 I thought I was pretty smart.  But we all know what happened next.  I lost about 50% and that's a really big drawdown, one that made me almost physicall sick.