Surname1
Investing Discussion
Name
Course
Professor
Date
Investing Discussion
I have an arguably decent experience in financial management. I gained this experience
between 2013 and 2020 when I managed a grocery store. The store was financially healthy
throughout the time I managed it and only closed when the Covid-19 pandemic struck. As
expected, I initially struggled with role in the initial years as a manager. Later, I gained
invaluable understanding about financial management and investing. I gained these insights
while developing sales and marketing strategies, preparing budgets, and making operational and
strategic plans.
After the grocery business closed I decided to invest in stocks. I invested in various
technologies mooted as likely to be successful in the future. These stocks included video
conferencing technology companies which were predicted to be a core part of the post-pandemic
era. Sadly, these stocks plummeted after the pandemic. For instance, Zoom’s share value
declined by more than 85% by the third quarter of 2022 from its peak in 2020 (Novet). Due to
these steep losses, Warren Buffet’s rules of investing make more sense now; “never lose money”
(Goke). This rule suggests that one analyzes a business’s long-term evolution before investing in
its stock to minimize the risk of losing their money. I did not follow this rule.
Now, I want to learn how to analyze companies’ future evolution. Once I learn this skill,
I will be keenly evaluating a company’s performance and predicting its future performance. By
Investing Discussion
Name
Course
Professor
Date
Investing Discussion
I have an arguably decent experience in financial management. I gained this experience
between 2013 and 2020 when I managed a grocery store. The store was financially healthy
throughout the time I managed it and only closed when the Covid-19 pandemic struck. As
expected, I initially struggled with role in the initial years as a manager. Later, I gained
invaluable understanding about financial management and investing. I gained these insights
while developing sales and marketing strategies, preparing budgets, and making operational and
strategic plans.
After the grocery business closed I decided to invest in stocks. I invested in various
technologies mooted as likely to be successful in the future. These stocks included video
conferencing technology companies which were predicted to be a core part of the post-pandemic
era. Sadly, these stocks plummeted after the pandemic. For instance, Zoom’s share value
declined by more than 85% by the third quarter of 2022 from its peak in 2020 (Novet). Due to
these steep losses, Warren Buffet’s rules of investing make more sense now; “never lose money”
(Goke). This rule suggests that one analyzes a business’s long-term evolution before investing in
its stock to minimize the risk of losing their money. I did not follow this rule.
Now, I want to learn how to analyze companies’ future evolution. Once I learn this skill,
I will be keenly evaluating a company’s performance and predicting its future performance. By
