A good investor is one who can be patient.

It is Saturday today. I woke up late today and did the running. I played final fantasy 7 by using a Nintendo switch and finish to the end. FF7 originally came out in 1997 which is more than 20 years ago. The quality of the game was impressive at that time, I remember Square made the video game with polygon first time. I was amazed at the game. Now I could play it again. It was fun. I bought it almost a month ago. With the Nintendo switch, I have many games want to play. It is good to have something to play with. But to be honest, I would like to have a game in which I can practice the share market so I can learn it, it seems there is no game like that as far as I see. So I finished the FF7 so what is the next. I think I will play Genshin impact. I haven’t figured out how to play it but many people are playing so it looks fun.

This week, the Australian share market was kind of stable I say but my portfolio a bit shock on Friday. It was not bad until Thursday, but on Friday, I saw one of the shares drop at 6.77% a day. Since that share has the biggest share of my portfolio so my portfolio went down so much. For that share, actually, I didn’t see much news instead they actually had good news on Thursday. Thursday only went up like 2-3% even with that good news, I felt weird. All of the sudden, the share price went down on Friday. I am not sure. The only reason I can think of is maybe that the coal price was a bit down on Thursday night. In short term, like in 3 months to 6 months, the share will be going up so I won’t sell it. I am going to wait until the coal price is going down to 120USD/ton. By my rough estimation, the company makes about A$9.2m a day with the current coal price. It is about 0.01 per share a day, even with 120 USD/ton, the company gains 0.005 per share. So as long as the coal price is high, I will hold it. But in the next few years, I would like to sell to stabilize my portfolio more. I will get back to the research.