Reaction Time is Important
Your initial due diligence might get you into a position, but it is your maintenance due diligence that will keep you invested and/or save you from big losses.
4 min read
Your initial due diligence might get you into a position, but it is your maintenance due diligence that will keep you invested and/or save you from big losses.
You can’t become a great investor overnight because the most important lessons can’t be taught. They must be experienced.
Great companies tend to execute on the small things that few people see that result in the big things everyone wants.
Before producing Michael Jackson’s Thriller and prior to earning 28 Grammy Awards, Quincy Jones tirelessly pursued opportunities and gleaned wisdom from the industry’s finest.
Only an exceptional leader can successfully lead a company from hustle to scale.
The great thing about microcaps is they can 2-3-5-10x and still be small companies/a new idea to someone else.
In business and life, you can win over almost anyone by just listening to them during a conversation. It’s hard to dislike someone that listens too much. It’s easy to dislike someone that talks too much.
The more experience you gain the more you respect what you are up against.
How do you research a microcap stock? This is a great question. It is a difficult question to answer. But Michael Liu and I were up for the challenge.
Nothing screws with your head more than watching something you used to own outperform the things you own.
It takes the best stock pickers in the world a few decades of owning hundreds of stocks to find a handful that are worthy of holding long-term.