Great post, the best part was about the conviction, I personally invested in a great business a year ago and the valuation was also good, but after few months I sold 100% stake cause I realised that I am not understanding the business properly.
Great post, the best part was about the conviction, I personally invested in a great business a year ago and the valuation was also good, but after few months I sold 100% stake cause I realised that I am not understanding the business properly.
Great post, the best part was about the conviction, I personally invested in a great business a year ago and the valuation was also good, but after few months I sold 100% stake cause I realised that I am not understanding the business properly.
Position sizing makes all the difference. Thanks, Kevin!
Great post, the best part was about the conviction, I personally invested in a great business a year ago and the valuation was also good, but after few months I sold 100% stake cause I realised that I am not understanding the business properly.
Great article Kevin. I have made a lot of great investments in my life, however I am always disappointed that I didn’t increase my sizing.
Thank you. Yes, position sizing is half the game
ＷｈａｔｓａｐｐME➕𝟭↡𝟰𝟳𝟬↡𝟯𝟬𝟮↡𝟲𝟮𝟵𝟴
Bet size is important but Pabrai's anecdote is him being fooled by randomness.
There's no signal in a losing or winning streak in Blackjack, and thus increasing or decreasing bet size based on this does not increase your EV
ＷｈａｔｓａｐｐME➕𝟭↡𝟰𝟳𝟬↡𝟯𝟬𝟮↡𝟲𝟮𝟵𝟴
How can I subscribe to you paid content ? Many thanks
ＷｈａｔｓａｐｐME➕𝟭↡𝟰𝟳𝟬↡𝟯𝟬𝟮↡𝟲𝟮𝟵𝟴
Great post, the best part was about the conviction, I personally invested in a great business a year ago and the valuation was also good, but after few months I sold 100% stake cause I realised that I am not understanding the business properly.
Great post, the best part was about the conviction, I personally invested in a great business a year ago and the valuation was also good, but after few months I sold 100% stake cause I realised that I am not understanding the business properly.
Thanks for recommending but I have my own broker.
Hey Aarush, please disregard the 'broker message'. It comes from someone impersonating me. I have reported him.
Okay, thanks for informing.
It's the video. The interview with mohnish pabrai...
ＷｈａｔｓａｐｐME➕𝟭↡𝟰𝟳𝟬↡𝟯𝟬𝟮↡𝟲𝟮𝟵𝟴