Impressive cost basis, mine is $150 and unfortunately trimmed a few times the past year before my new framework of some holdings being "permanent" was in place. 2.7x on total cost basis
I very much believe that, when the runway ahead is very large. Except if prices too richly (Microsoft 2000)
A counter would be the biggest mistake is irreversibly large permanent losses in a portfolio "There are bold investors, old investors, but no old bold investors"
Thank you very much Antonio, I like your notes, but I don't understand how you relate the company business to the valuation
I simply buy companies which are very likely to exponentiate FCF/share over time, at a depressive valuations. P/S < 4 ideally.
Impressive cost basis, mine is $150 and unfortunately trimmed a few times the past year before my new framework of some holdings being "permanent" was in place. 2.7x on total cost basis
The biggest mistake is selling winners early!
I very much believe that, when the runway ahead is very large. Except if prices too richly (Microsoft 2000)
A counter would be the biggest mistake is irreversibly large permanent losses in a portfolio "There are bold investors, old investors, but no old bold investors"