Slow Down
The biggest impediment to long-term wealth creation is your desire to get rich as quickly as possible.
Educational articles written by full-time investors — business breakdowns, interviews, and presentations.
Educational articles written by full-time investors — business breakdowns, interviews, and presentations.
The biggest impediment to long-term wealth creation is your desire to get rich as quickly as possible.
It is incredibly humbling, inspiring, and a bit scary when you realize that one great investment can make your year, decade, and even career.
I gave this presentation at the Smallcap Discoveries Conference on October 18, 2018.
It’s human nature when you lose money quickly you want to make it back twice as quick. During these times it’s important to slow down, keep focused, and stick to your strategy.
When you are trying to find great businesses early, intelligent fanatics early, before it’s obvious in the financials, you aren’t going to be right all the time. You need to accept this.
The life and lessons of Chuck Allmon.