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Shelf Life
My intention is to hold stocks forever, but the harsh reality is every stock has different shelf life.
5 min read
My intention is to hold stocks forever, but the harsh reality is every stock has different shelf life.
How does a business get a premium valuation when they sell a commodity?
It's often how you react (or don't) to the same situations that shows you how much you’ve grown.
"Call Charlie a lucky man for stumbling onto Cook Data Service, but luck didn't make him a millionaire."
You make the most money by having a 1–3-year variant view on a business and buying the stock before the business turns up, inflects, or accelerates.
Work every day to make your name, your word, your handshake, your counsel, worth more than the day before. Reputation means influence.
Some of the best investing opportunities I’ve found are when a microcap company has a problem or series of problems that seem insurmountable but there’s a sensible plan in place to solve them.
Active Patience means knowing what you are looking for and doing nothing until you find it.
“The most important part of our thesis is recruiting the right board.”