A letter a day!
Letter#3 from 1959
Key learnings:
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In times of the bull market, it is preferable to use conservatism rather than preparing for the permanent loss of capital.
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One of the highest allocations in the portfolio reached 35%( Surprising, none of the allocations in my personal portfolio, even on the basis of market value has crossed 25%
).
Feel free to share your learnings too.
If you want to read the full letter, attaching it here.
A letter a day(WB1959)_ Aashka Trivedi.pdf (150.3 KB)
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