Be wrong; but don’t stay wrong

In Investing, you can’t know everything. But once you understand the most important basics like a target company’s financials, moat (business’ ability to maintain competitive advantages over its competitors), product-market fit, management, risks than you have enough information to make an investing decision.

happy woman in headset sitting in cockpit during helicopter tour
Photo by Maarten van den Heuvel on Pexels.com
close up photo of cat s eye
Photo by Francesco Ungaro on Pexels.com

“An investment in knowledge pays the best interest.” – Benjamin Franklin

Lets dissect this:

  1. Invest in the best high-growth businesses
  2. Pay up for a compounding machine
    Quality > valuation investing
    Invest when management is top notch v. Hold onto winners
  3. Be ruthless in cutting losers
  4. Be wrong; but don’t stay wrong

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: