Twenty years, ten observations, zero pumps
Twenty years, ten observations, zero pumps.
Patience, discipline, independent thinking.
#7 → a price target tells you where someone wants a stock to go, never what would prove them wrong. No condition, no accountability. Miss it, move it, repeat. Just clickbait. This is why I do NOT do PTs!
#3 → yes, high conviction concentration builds wealth but the real danger isn’t too many names. It’s names that are secretly one bet. Same macro driver = one position wearing thirteen hats.
#5 → retail’s edge over whales isn’t information. It’s time. No redemptions, no career risk. You can wait. They can’t. Plus follow the flow!
Honest list. Read it.