Jitipol Puksamatanan – Let Time Be Your Friend

<p><strong>BIO: </strong>Dr. Jitipol Puksamatanan heads macro and wealth research at CGS-CIMB Securities (Thailand). He develops actionable investment ideas, independent economic analysis, and asset allocation strategies.</p><p><strong>STORY:</strong> Jitipol learned as much as he could about a stock he was interested in. He was very confident in this stock. So much so that even when the stock price fell, and he made a loss, he doubled his investment, believing the price would go up, but it never did. Jitipol lost all his savings in this investment.</p><p><strong>LEARNING:</strong> Investing is about knowing yourself and what you’re doing. Investing is not gambling; don’t expect overnight success.</p><p>&nbsp;</p><blockquote class="ql-align-center"><strong>“Investing is not a timed sport with a predetermined end time. If you’re seeking financial freedom, invest in the long-term and let time be your friend.”</strong></blockquote><blockquote class="ql-align-center">Jitipol Puksamatanan</blockquote><p>&nbsp;</p><h2>Guest profile</h2><p><a href="https://www.linkedin.com/in/jitipolp/" rel="noopener noreferrer" target="_blank"><strong>Dr. Jitipol Puksamatanan</strong></a> heads macro and wealth research at <a href="https://www.cgs-cimb.co.th/en/home" rel="noopener noreferrer" target="_blank">CGS-CIMB Securities (Thailand)</a>. He develops actionable investment ideas, independent economic analysis, and asset allocation strategies.</p><p>Over the course of two decades, Dr. Jitipol has worked with securities, banks, and asset management companies.</p><h2>Worst investment ever</h2><p>Jitipol learned as much as he could about a stock he was interested in. He knew the company’s CEO and the management team; he knew what they were doing and how they did business. Jitipol was very confident in this stock. So much so that even when the stock price fell, and he made a loss, he doubled his investment, believing the price would go up, but it never did. Jitipol lost all his savings in this investment.</p><h2>Lessons learned</h2><ul>