It’s Not Batting Average that is Important, It’s Slugging Percentage
Each investor’s strategy is and likely should be different from the next person. It’s good to be different.
Each investor’s strategy is and likely should be different from the next person. It’s good to be different.
The art of investing in small companies is evaluating management teams.
Time and interest are the primary components of the power of compounding. The hard part is we don’t know how much time we have. Identifying the losers in your portfolio is as important as holding winners because losers dilute your returns. Losers are a waste of your time.
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 business.
Goals are accomplished through hard work and great discipline. Discipline is choosing what matters most over what you want now.
If your goal is to achieve maximum capital gains, then your intention with every purchase should be to hold for years.