Introduction to Miyagi-do Investor
Welcome to my blog
Welcome!!! I am very excited to be able to welcome you to my blog, which is focused on investing. In order to introduce myself, I am going to explain a little about myself, my investment methodology and why I decided this particular name.
Since I was child, I have been a very proactive person with a lot of initiative. I have always seen the world from a different perspective than others, not only I was attracted in discovering how the things work but the reason there is behind them. That's why I have always been astonished by astronomy, physics, engineering, and finance.
As you can deduce, I ended up studying engineering. During my degree a macroeconomics class took my attention and I started reading books about the wonderful world of the finances. However, the turning point came when, having made a good cushion of savings during my time working abroad, I decided to go a further step and invest the money that had cost me so much effort to gain. I started reading and watching videos from the art of investing channel (a Spanish YouTube channel that I highly recommend) and decided to take Alejandro Estebaranz's course, which I am enormously grateful to have it done. For me, Alejandro is like the mentor to be followed. Hopefully, one day to have the opportunity to meet him face to face.
Since before taking the course, he had not invested much, but he had been investing for a few years. But since I took the course and went deeper, I began to invest more and more. My investment philosophy is to invest in quality businesses with a good growth history and that can continue to grow over the years. And of course, bought at a good price. The companies that I focus on are companies that are listed for less than 600M.
I chose this name because I fully identify with the lessons Mr. Miyagi gives us in the karate kid movie. I summarize below those lessons with which I best identified myself.
1. Most complex moments that happen in life is out of your control and can often give the impression to be unfair, but that's no excuse to accept defeat.
If we apply this to investing, reminds me that Mr.Market does not always gives you the reason at first. Therefore, if you have done properly your work and you hold, it will give you the reason.
Nevertheless, if on the other hand, you have not been right and by doing your job you discover it, the idea is to sell it, admit your defeat and come out stronger with a lesson learnt
2. Find a good mentor, learn from him
Since the beginning Alejandro was my mentor and I personally believe was the best I could have. Really proud about it.
3. There will be times when you become life's punching bag, you need to learn how to be a survivor or suffer your fate as a victim.
There will always be occasions where you will make mistakes and you should learn from them. There is always two kind of people; the survivors and the victims. The survivors are the ones that humbling take full responsibility of the error and analyze the problem to not repeat the same mistake so at the end the outcome is a lesson learnt. These persons usually try to teach everyone else the error to learn from them. (By the way, this reminds me to Alejandro Estebaranz who always has explained his errors so that all people can learn them). And then, the victims who will make up excuses for their failures like the company was not transparent, the market, macroeconomy, geopolitics or whatever. Just a recommendation: try to be far from them 😉
4. Commitment
You must commit in every single step for learning. Do not focus on short term results and be determined in the path you want to follow.
5. Be humble and never give up
Just do everything is on your hand to be better and learn from every opportunity it comes up because it will make you grow. Achieving great things takes discipline and hard work but will be very rewarding if carried out to total completion.