Here at The Motley Fool, we are focused on helping the world invest better. When it comes to investing, we?re constantly talking about the need to both be ?Motley? as well as ?Foolish? (with a capital ?F?). While being Motley and Foolish might be second nature for us here, it might be confusing for some. To help with that, here?s my personal take on what it really means to be a Motley Fool.
In the English dictionary, the word ?motley? is used to describe a diverse and disparate mix of characters. In our parlance, the use of ?Motley? is…
Here at The Motley Fool, we are focused on helping the world invest better. When it comes to investing, we’re constantly talking about the need to both be “Motley” as well as “Foolish” (with a capital “F”). While being Motley and Foolish might be second nature for us here, it might be confusing for some. To help with that, here’s my personal take on what it really means to be a Motley Fool.
In the English dictionary, the word “motley” is used to describe a diverse and disparate mix of characters. In our parlance, the use of “Motley” is to celebrate our differences when it comes to investing – we embrace different viewpoints on investing and understand that there is no one fixed method to achieve investing success.
Within the team I work with at The Motley Fool Singapore, we have investors who believe in investing in superior businesses with strong long-term growth potential; in the process, they pay less heed to valuations, believing that these businesses can often grow into their valuations.
We also have investors who swear never to buy shares with a price to earnings ratio of more than 10; in other words, they are value investors who like cheap shares and who pay a lot of attention to a share’s valuation. Then, we also have investors who believe that investing in stable dividend-paying companies is the way to riches.
At The Motley Fool, we recognise that in investing, there truly are “many roads to Rome,” so to speak. Having a wide range of investing opinions and being exposed to them can only make all of us here at the Fool better investors in the long run.
If Motley is a celebration of our differences, then being Foolish is to me, a celebration of our commonalities. Although we appreciate the many different approaches to finding wealth in the stock market, there are a few reeds that holds all Foolish investors together. Here are a few:
- We always view a share as part-ownership of a business instead of just a piece of paper or meaningless electronic symbol.
- We are long-term investors – we view all investments with a time frame of at least three years or more. And for some us, our favourite holding period really is forever.
- We are not fortune tellers who are able to predict the future of the financial markets (especially over the short-term) and are sceptical of anyone who claims to be one.
Since our founding in 1993 by brothers David and Tom Gardner, The Motley Fool has been actively promoting the benefits of long-term investing. The Motley Fool Singapore has created an easy guide for you in your quest to becoming a better investor. The guide, titled 10 Steps to Making a Million Singapore Dollars in the Market, is FREE. Click here now for your copy!
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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Stanley Lim doesn’t own shares in any companies mentioned.