🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

“The ocean doesn’t care about your swimming lessons” - David Steinberg

“Between the idea and the reality… falls the shadow.” (T.S. Eliot) “Vision without execution is hallucination..” (Thomas Edison) — This concept applies to investing for me. On X and reading threads: I find the conversations center on technique, valuation, which is like

Books gaslighting me. The best advice is the hardest to take, and that’s normally do nothing. We all know the proper methods, but can you do it? I saw distress for 10 seconds in 2016 in oil, and for 1 minute and 10 seconds in covid. If there’s nothing to do in a category, don’t

“A stock rises gradually, but can fall like a stone. Why? This shouldn’t surprise anyone who understands the power of fear. In the moment, fear is champion: it blunts the senses and pushes out greed and logic. That’s why fear sells. Keep that in mind the next time you panic.”

Not all value investments have to be lousy companies, a passing thought: *Can a Ferrari be a value investment? It sure can! If you buy a Ferrari and you pay the cost of a Mercedes, that might be a terrific value investment, even though your portfolio of cars looks fancy.

MR. MARKET isn’t crazy: it is typically smarter than me…richer than me…and more powerful than me. I speak for myself! They didn’t tell me that at Stanford Business School, Mr. Graham didn’t mention this in his book. And I’m still waiting for Mr. Klarman to put out the second