Lucky Breaks
Skilled management can take the limited resources and luck they’ve been given and multiply it. Mediocre management can’t.
MicroCapClub articles tagged Education, including microcap investing research, education, and member insights.
Skilled management can take the limited resources and luck they’ve been given and multiply it. Mediocre management can’t.
“The valuation of every company is simply a number from today multiplied by a story about tomorrow.” - Morgan Housel
When you take care of today, tomorrow takes care of itself.
Steinhardt was a fundamental stock picker, but he was short-term. He was also a top-down macro trader. He also shorted. He was so different. He didn’t fit in a box.
Customer delight cannot be measured, but is just as important as the things that are measured.
Every so often the market throws us a gut punch we didn't see coming. It hits us so hard it could almost bring Superman to his knees.