There are a few paragraphs that I had written but deleted them as this equation seemed simple and sufficient.
This Warren Buffett quote is an apt one here – “I don’t think we’ve (meaning him and Charlie Munger) ever made a decision where either one of us has either said or been thinking: We should buy or sell based on what the market is doing. Or for that matter, what the economy is doing.”
Most investors misunderstand diversification.They say they want it.But the moment part of their portfolio is not doing well, they panic.And then comes the instinctive reaction, “ .... Read More
Control.
Every investor wants it.
Control over outcomes.
Control over markets.
Control over returns.
But here is the paradox. The more you try to control, the less control .... Read More
You can Google information, but you cannot Google wisdom.We live in a world where every answer seems only a search away. You want to know the latest market trend; you type it in. Y .... Read More
The bear case always sounds intelligent in real time. It uses complex words. It quotes macro data. It predicts doom with confidence. It is wrapped in logic and delivered with .... Read More
Control.
Every investor wants it.
Control over outcomes.
Control over markets.
Control over returns.
But here is the paradox. The more you try to control, the less control .... Read More
Every investor has had this conversation with themselves.I cannot make a decision.What if this is the wrong call?Everything feels uncertain right now.Nothing feels ba .... Read More
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