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Letters

The Power of Market Agnosticism

You don’t need to know where the market is going to make money in investing. Focus on what is important and knowable.

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Letters

Money Vs Skill

Don’t confuse having money for the ability to make money. Those who have made that grave error have paid a heavy price.

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Letters

Investing with a conservative mindset

Conservative is not what you think it is. Don’t get burned with an asset that looks conservative but isn’t. Don’t miss on amazing opportunities just because you think they are risky, when they aren’t.

Categories
Letters

What’s your risk?

The stock market isn’t one thing. There are thousands of different companies. Don’t mistake one for the other and know what you are betting on.