Buffett Mistakes：Sold COST too early, never bought TSLA and bought AAPL late

Warren Buffett had a simple buy and hold strategy for the last 55 years.

It wasn’t his accuracy or ability to pick companies before they exploded. He sold $Costco(COST)$ too early, never bought $Tesla Motors(TSLA)$ and bought $Apple(AAPL)$ late.

It was his ability to hold through volatility and let time be his most powerful weapon.

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Buffett’s secret for cheap stocks and it’s flashing a BUY signal for $SPDR S&P 500 ETF Trust(SPY)$

The Buffett Indicator = Market Value ÷ GDP

Buffett’s favorite valuation tool compares total US stock market to US GDP. It's his go-to metric for gauging whether stocks are overvalued or cheap.

It’s at a low and dropped to its lowest since September, suggesting that stocks may still be undervalued.

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PS: Every successful trader on earth has completed these 5 things:

1. Overcome loss aversion (look this up if you don't know what this is)

2. Fixing trading mistakes one at a time.

3. Increasing confidence and reducing fear.

4. Mastered 1-2 trading set-ups

5. Follow system

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