Screen Time Is Not an Investment Process
Watching the screen all day feels like diligence, but activity is not an investment process. Constant price checks amplify noise, reward emotional reactions, and make a short-term move feel like new information about a long-term thesis.
A process has a schedule. It defines which data matters, how often the thesis is reviewed, and what would change the position. Between those checkpoints, the best action may be to do nothing.
The objective is not to be less informed. It is to spend attention where it improves decisions: industry structure, cash flows, management behavior, valuation, and risk. Screen time is a tool; it is not a substitute for thinking.
