SUMMITYou learn from hindsight and get paid for foresight. Often times an opportunity exists because the conditions aren’t perfect yet. You have to pull the trigger in advance of all …
Use Your Edge
In 1997, Peter Lynch wrote a great article entitled, Use Your Edge. I’ve posted an excerpt of it below. So, what advice would I give to someone with $1 million to invest? …
Unbreakable
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you …
Buy And Verify
The “Coffee Can Portfolio” approach to investing might work for larger companies, but it’s the surest way to go broke in small microcap companies. Small microcaps evolve in different ways, …
Winning Your Race
Fund managers publish their quarterly letters around this time of year. Here is a good list by the way [HERE]. We investors like to act like we are reading them but …
Using Emotions to Your Advantage
As human beings we all experience emotions. However, acting in the way that those emotions dictate can be one of the worst things an investor can do as it usually …
What Sports Teaches Us About Investing
We’ve all seen or heard the Ted Williams hitting grid analogy used to describe successful investing. Warren Buffett and others use it often. Be patient. Know the strike zone. There are no-called …
Leveraging Luck
Morgan Housel wrote an excellent article entitled Ironies of Luck which contains a great quote that states: “Luck is the flip side of risk.” This is something I’ve come to appreciate …
Rocket Ships
Investors are always looking for the perfect opportunity. A good business you can buy at less than tangible book value. Why not throw in a couple long-term tailwinds and short-term catalysts. …
[Presentation] What Does An Intelligent Fanatic Look Like?
Microcaps are small emerging companies. The smaller the company, the more you are betting on the founder, CEO, and management’s ability to execute on their vision for the future. If …