Hi Value Pickr,
Happy New Year. I hope this year gets you closer to what you want to achieve in life and brings out the best for you in the investing world.
One thing I’ve realised for myself this year, is that I want to do something broadly in the business world rather than just being glued onto the markets as a major source for my life experiences and remuneration. But with that said, I would hope to speak to many people in the markets this year, make my things a little more trackable and efficient and lead into a future where I can have a more disciplined life.
Do write in your observations from last year or what you want to achieve this year. We’re all in this together.
‘Be “Stubbornly” Disciplined in the market, where participation is historic high. Temperament is the only edge.’
From Nirav Parikh
“Returns are not linear, and people get out of their winners just before they start to win because it is the darkest before dawn.”
- Sidhharth Bhaiya, the conversation is here.
“Emotional intensity is far less important in the long run than disciplined consistency.”
- Farnam Street
‘The most amount of money is made when a bad business moves towards becoming a good business, the second biggest amount of money is made when a good business turns towards becoming a great business.’
- Paraphrased from Shubham at the Logical Investor Youtube Channel @shubham_sethi
“If you don’t cringe when you look back 10 years ago at what you wrote, what you thought, how you invested, then you aren’t growing. Don’t beat yourself up judging yesterday’s mistakes with today’s wisdom. You grow, you get pruned back (mistakes), and regrow stronger.”
- Ian Casell, MicroCapClub