The biggest valuation increases in a bull market happen with futuristic companies. With the great optimism that accompanies fast moving bull runs, it is a new and promising future that receives better discounting over and above other more “normal” companies.
-Something i have been thinking about
“In most likelihood, all you need is -
-Some money as emergency fund
-1 term insurance
-1 health insurance
-2-3 high quality MFs
-10-12 high quality stocks (optional)
-Some debt (PPF, FD, liquid fund)
-Some gold (optional)
Personal finance is simple. Keep it that way.”
- Safal Niveshak on Twitter
- Again Safal Niveshak from his Twitter
“Building a big position in the portfolio is the same as building trust in a relationship. It can’t be rushed. You need to experience how the management/business will react in good/bad times and how they treat you. Let the position earn its scale.”
- From Ian Cassel on his Twitter
I think this is the insight of the week for me, in a time where everybody is talking about positioning sizing because it is working well for them, I wanted to have a better process to decide which positions do actually become larger in my portfolio.
“You build your network, tools, screens, relationships like a spider builds a web. You keep building it out. Then one day something hits the web. You feel the tremor and you go look at what you caught. This is how the great ideas find you.”
- From Diego Milano on his Twitter
I’ve often been frustrated by how long and frustrating this process of trying to build a framework for good ideas getting to you seems like, this analogy offers some solace and perspective on the entire process.
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