Back
Anonymous
Hey I am on Medialย โขย 1y
An 88-year-old Japanese man, a former pet shop owner, has amassed a fortune of $14 million by buying stocks during downturns. Local media are calling him Japan's "Warren Buffett." ๐ถ๐ฐ Local traders are in shock, as in a country where the norm is to keep assets in cash and deposits that yield almost no interest, this grandfather has created a small fortune. Even last month's stock market crash, which saw the country's stocks experience their most significant decline since 1987, didn't deter him. ๐๐ฒ "When stock prices fall, it's time for me to buy," said Fujimoto. "But the question is whether you have the money or the courage to do so." Fujimoto trades companies with growing revenue, profits, and dividends, as well as those that implement stock buybacks. He also considers technical indicators like the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), reports BBG๐๐
Replies (4)
More like this
Recommendations from Medial
Harshal Tiwari
Equity Research Anal...ย โขย 2m
๐จ ITC Alert: Aggressive Selling Spotted! ITC Ltd has broken down sharply on the charts. A distribution (sagam) pattern is clearly visible, showing sellers in control. ๐ RSI is crashing towards the oversold zone, confirming strong bearish momentum
See More
Tushar Aher Patil
Trying to do betterย โขย 10m
Exploring Share Buybacks: What are they and why do companies do them? A share buyback (also known as a share repurchase) is when a company buys back its own outstanding stock shares from the open market. This action reduces the total number of share
See More
Rohan Saha
Founder - Burn Inves...ย โขย 1y
Okay, I was just checking the valuation of our Indian stock market and I noticed something interesting. Despite the heavy sell-off in October, FMCG, IT, and small-cap stocks are still overvalued. I understand why IT stocks are overvalued because the
See More
Hemanth Varma
''Money can't buy ha...ย โขย 1y
what are stocks ? A stock, also known as equity, is a security that represents the ownership of a fraction of the issuing corporation. Units of stock are called shares, which entitle the owner to a proportion of the corporationโs assets and profits
See More
The Hustler
Become the 1%ย โขย 10m
Mukesh Ambani just made $20B in weeksโwhile weโre hunting discounts, heโs collecting billions like it's pocket change. Stock market said, โWelcome back, boss!โ Mukesh Ambani is back in the $100 billion clubโbecause when Reliance rallies, it doesnโt
See More
Yash Gupta
Hey I am on Medialย โขย 1y
I have an idea about a startup where trader can look at AI powered insights about stocks and choose the stocks to invest based on various factors including what happens in their quarterly and yearly fillings and how the company is performing based on
See More
Soumya Ranjan Dash
Hit & Trialย โขย 1y
When I started investing in stock markets, I cared about: 100x returns Multibagger stocks Sharing profit screenshots What peers thought about me After getting grilled in the Market, I care about: Risk per investment Overall consistent annual retur
See More
/entrackr/media/post_attachments/wp-content/uploads/2021/08/Accel-1.jpg)
Download the medial app to read full posts, comements and news.