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Investment Moderation (concentration or diversification) is hard. It’s hard to make fair and consistent judgments about what companies should and should not be allowed to own. It’s hard to gain the level of contextual understanding needed to properly interpret every allowable risk tolerance. You can spend all day sifting through the best and worst of your holdings, make rapid-fire decisions to sell companies you’re not comfortable to hold for decades. Day in and day out, eliminate subpar companies and force yourself to say yes only to a few.
This is my Thou Shall Not Version. I figured sharing to the rest of the world too. Hope this helps you in your investing and longterm wealth creation.
(Please note that some of my commandments do echo Motley Fools’ David Gardner’s precepts and Chris Mayers’ 100 Baggers book. I recommend people to follow them and to read their works too.)
#Awesome10X 10 Commandments:
1.) Winners Win. Just because a winner has had a 1000% move in the last 3 years or 5 years does not mean that it has ended. …
Nassim Taleb’s book “The Black Swan: The Impact of the Highly Improbable” is a powerful concept applied to trading. In the worst bear market during 2008, Universa profited from rare events because when those rare events occur, they are in for a big payday.
Universa purchased far out-of-the-money “put” options on stocks and broad market indices. Universa made a lot of small bets and watches most of them go bad. However, when one hits, it’s big.
The foundation was first revealed in his book, Fooled by Randomness. His philosophy was :
We are genetically still very close to our ancestors…
How to Apply the Art of Lego to Trading and Investing
We live in an ambiguous paradoxical world. Would you have bet that with record unemployment and losses that the Nasdaq would exhibit v shape recoveries and even all time highs? If not for the Ceo of Amazon Jeff bezos talking down their stock, it would not have even dropped.
The important case to learn is is that as a principle: Chunking and making small consistent bets is effective.
Most winners is not always a tale of shrewd foresight and bold strategic moves. This is not in our view. Although…
(Note this is only the author’s opinion and doesn’t reflect any views from my employer or organization I’m affiliated with)
Assume Possible Targets for $PGOLD = Php60 (30% higher) and $MRSGI =Php 3.00 (100% higher)
Key Numbers for PGOLD
(Author’s opinion only. Not a buy and sell report. Info purposes only)
The risk rewards in your life today are lose 1 win 17. We live in extraordinary times. Liquidation phase spells super bargains.
1.) Shakeys Pizza. Buy 4.50–5.00. Target selling range 7 peso.
Last Price 4.71
(Authors opinion only. Please do not take my ideas as a buy or sell idea. Information purposes only. DYOR. Thanks!)
Yes we are in a severe recession
Yes we will not recover after 2 years
Be that as it may, here are 70–90% selloffs that have priced in the Zombie Apocalypse and the World is not going to end.
Exhibit Number 1: The Restaurant Sector
1.) $MCD Mcdonalds 125–160; Strong Supports 125/110. Last Price 137
All thoughts are my own and do not represent views of my employer or any organization I’m affiliated with. It is not a recommendation to buy or sell any securities and shouldn’t be seen as investment advice. This is for informational purposes only
It is a good thing to ask people the following questions: are you prepared to be wrong? Everyone asks me how deep can this go, or can we confirm that the capitulation could be stemmed and are we stabilizing? Is it 50% lower from here or are we already bound to trade within a range? …