SUMMITDuring a lifetime, you will likely own 10-20 big winners and hundreds of failed impostors. Time and interest are the primary components of the power of compounding. The hard part …
You Need To Do What Others Don’t
The hardest part of achieving 10-20+ baggers is having the patience and conviction to hold through multi-year periods of underperformance. Patience is your biggest asset when investing in a great …
Discipline is having the strength to say No
Goals are accomplished through hard work and great discipline. Discipline is choosing what matters most over what you want now. Whether it’s in life or investing it’s often the individuals …
The Excessive History of Microcaps
Smaller company stocks outperform larger ones. This is one of the chief attractions for investors to small-cap companies and microcap stocks in particular. In the best-selling book, What Works on …
Investing in the Misunderstood
A full-time private microcap investor recently commented on our forum: I’m quite curious how you all account and measure the relative performance of variables that can be quantified like earnings, …
Concentrating on a Few Companies is a Great Way to Learn Investing
The financial world preaches diversification because it’s safe and comfortable, but often times to learn and excel you need to be uncomfortable. The point I’m making isn’t that concentrating is …
Ten Valuable Insights on Structuring Your Fund by Robert Vinall
Even though I don’t manage other peoples money, I’m certain the hardest part isn’t finding the right investments, it’s finding the right investors. From time to time I get asked questions from aspiring or …
Differentiating Business Performance from Stock Performance
“If I’d had the slightest idea of what lay ahead of me when I joined up with Chrysler, I wouldn’t have gone over there for all the money in the …
Don’t Compare Yourself To Others
“To be a disciplined investor you have to be willing to stand by and watch other people make money on things that you passed on” – Howard Marks This Howard …
Expectations
How many of your successful investments have occurred on the timeline that you originally predicted? How many times do you ever remember saying, “Well that happened a lot quicker than …