You Aren’t Going To Be Right All The Time
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.
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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.
When I was younger I would immediately take big positions. If I liked something, I would go all in. I was fearless.
The luckiest part of my investing career is that I’ve been old enough (37) to have emotionally invested through two bear markets (1999-2001 and 2008-2009) but still young enough to take advantage of the lessons learned.
The smaller the company the greater the emphasis investors should place on selecting the right founders and CEO’s. I try to find and invest in intelligent fanatics early.
We are entering the graduation season which of course is the time of commencement speeches. It makes me reflect on