2/19/2018 0 Comments TravelThis week has probably been one of the most tiring weeks so far in ISM. Along with just starting my mentorship at Venable Royalty, Ltd., I took a five day trip to Beijing, packing my already busy week into just a few days.
Even with my packed schedule, I still managed to get some work done over my short trip. I finished reading my assigned chapters of The Intelligent Investor by Benjamin Graham, which was assigned to me by Mr. Patrick Van Ooteghem the last time that we met. Rereading these chapters helped me get a better idea of the guiding principles behind value investing, and even reevaluate some of the previous investment choices that I have made. This brought me back to the first stock I ever bought, PayPal, on its IPO date. Looking back on this decision, I have realized that the majority of it was influenced by speculation, and not actual careful analysis of the corporation. Although this investment did ultimately work out for me, I will need to take extra caution in the future to avoid emotionally-driven decisions like this. In addition to some of the work that I have finished over my trip, I also received word that I have been accepted into NYU Shanghai and the Red McCombs School of Business at UT Austin. Over the coming weeks, I will have to decide whether to accept or decline my offer to NYU Shanghai and take the next steps in planning the next four years of my life. Overall, this week was a very productive, however tiring week. Although I will be having weeks like this for the rest of the month, I look forward to all the work that I will be doing both in school and at Venable.
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