WTC

Many years ago I read about Warren Buffett's strategy. I soon realize that an ordinary soul cannot emulate him. His research is too thorough (beyond the capability and resource of an average investor). AND he does not just buy shares; he buys the control of the add-ons or has a big say in the management.

In recent time, I bought a company that buys other small companies to fit into its logistic business... and the management comes along! This sounds even better!

Yesterday, it had a massive lift in its share price (up 28%), vindicating my most recent top ups when the market didn't like its high PE ratio.  Well, when its announcements have been good and its business model is successful, that is reason why the PE ratio is in stratosphere.  The best time to top up is when the others are dumping in the presence of good news.