Becoming more mindful about one's own investing behaviour and decision-making is another way how to improve one's investment returns and set yourself apart from the rest. Something, I feel, is often overlooked by most investors.
Well thought out with many excellent points. Deeper dives seems to me the most probable method of success, with longer tracking periods of familiarity on possible candidates.
Thank you, Gary. Really enjoying your work. Reading Buffett's letters, this reminds me that when he started his early partnerships, his preferred measure for success was being less down in a down market, over and above outsized returns in a good or great market. It is striking reading his early letters, which he started writing in his early thirties, how comfortable he is in his own strike zone and rules of play.
This is a great post with some interesting thoughts. I think the "tribe" will survive and is bigger than most think. Ultimately, it comes down to how you define "value" and differentiate it from other investment styles.
The point isn't to criticize any one investor, but that this experience is representative of highly skilled, well-known investors with a previous record of accomplishment that few had going into this decade.
Thanks for sharing your perspective.
Becoming more mindful about one's own investing behaviour and decision-making is another way how to improve one's investment returns and set yourself apart from the rest. Something, I feel, is often overlooked by most investors.
Well thought out with many excellent points. Deeper dives seems to me the most probable method of success, with longer tracking periods of familiarity on possible candidates.
Thank you, Gary. Really enjoying your work. Reading Buffett's letters, this reminds me that when he started his early partnerships, his preferred measure for success was being less down in a down market, over and above outsized returns in a good or great market. It is striking reading his early letters, which he started writing in his early thirties, how comfortable he is in his own strike zone and rules of play.
Amazing read!
This is a great post with some interesting thoughts. I think the "tribe" will survive and is bigger than most think. Ultimately, it comes down to how you define "value" and differentiate it from other investment styles.
Great article!
Reminds me of a lot of the points in Terry Smith's book - https://www.amazon.co.uk/Investing-Growth-companies-anthology-investment/dp/0857199013/ref=sr_1_3
Wonder if this trend of underperformance of value investors will carry on, I suspect so.
And the names are...? :D
... going to remain undisclosed =)
The point isn't to criticize any one investor, but that this experience is representative of highly skilled, well-known investors with a previous record of accomplishment that few had going into this decade.