What is DeepFuckingValue's (GameStop Deca-millionaire) Investment Style?
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Reddit user DeepFuckingValue (DFV) invested $53,000 in GME stocks and calls in 2019. Today, his position is worth more than $40 million. This article summarizes his investment style so that you too, can find the next diamond in the rough. DFV is a value investor that uses technical analysis (using price charts to determine price direction) to time his entries. Value investors typically disregard technical analysis while technical traders tend to disregard fundamental analysis. DFV finds an edge using both. DFV doesn't day trade and holds his positions for 3 to 24 months. His portfolio is diversified and holds 10 to 35 stocks at a time. During crises, he diversifies even more. In mid-2020, right after the market crash in spring, he owned more than 150 stocks. He aggressively targets 50-100% annualized returns and finds these returns in undervalued companies.
What is DeepFuckingValue's (GameStop Deca-millionaire) Investment Style?
What is DeepFuckingValue's (GameStop…
What is DeepFuckingValue's (GameStop Deca-millionaire) Investment Style?
Reddit user DeepFuckingValue (DFV) invested $53,000 in GME stocks and calls in 2019. Today, his position is worth more than $40 million. This article summarizes his investment style so that you too, can find the next diamond in the rough. DFV is a value investor that uses technical analysis (using price charts to determine price direction) to time his entries. Value investors typically disregard technical analysis while technical traders tend to disregard fundamental analysis. DFV finds an edge using both. DFV doesn't day trade and holds his positions for 3 to 24 months. His portfolio is diversified and holds 10 to 35 stocks at a time. During crises, he diversifies even more. In mid-2020, right after the market crash in spring, he owned more than 150 stocks. He aggressively targets 50-100% annualized returns and finds these returns in undervalued companies.