The Price of Certainty
You learn from hindsight and get paid for foresight. Often times an opportunity exists because the conditions aren't perfect yet.
MicroCapClub articles tagged Education, including microcap investing research, education, and member insights.
You learn from hindsight and get paid for foresight. Often times an opportunity exists because the conditions aren't perfect yet.
In 1997, Peter Lynch wrote a great article entitled, Use Your Edge.
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 are bored and crave action.
The Coffee Can Portfolio approach to investing might work for large companies, but it's the surest way to go broke in small microcap companies.
Terry Smith, founder and CIO of Fundsmith, gave a phenomenal presentation in 2019. One of my favorite parts is when he compares successful investing to the Tour De France.
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 hurts returns and sometimes it hurts them significantly.