My Biggest Investing Mistakes:
1.) Kissing Frogs -Rationalizing my way into mediocre investments
2.) Not selling when I knew the story changed
3.) Selling long-term winners to buy losers
1.) Kissing Frogs -Rationalizing my way into mediocre investments
2.) Not selling when I knew the story changed
3.) Selling long-term winners to buy losers
4.) Not giving winners enough room to exceed your expectations because the great ones will
5.) Making excuses for bad capital allocation
6.) Deploying capital quickly after a big win
7.) Trying to make money back twice as quick after a loss
5.) Making excuses for bad capital allocation
6.) Deploying capital quickly after a big win
7.) Trying to make money back twice as quick after a loss
8.) Listening to people that haven’t done the work
9.) Only talking to the CEO instead of talking to employees
10.) Getting more and more concentrated when you underperform
11.) Waiting for long-term gains when you want to sell a short-term winner
9.) Only talking to the CEO instead of talking to employees
10.) Getting more and more concentrated when you underperform
11.) Waiting for long-term gains when you want to sell a short-term winner
12.) Trying to find the perfect company when the best opportunities are the ones that aren't perfect yet.
13.) Taking my eye off the ball – small businesses evolve quickly, often times not in good ways.
14.) Focusing on new opportunities more than what I own.
13.) Taking my eye off the ball – small businesses evolve quickly, often times not in good ways.
14.) Focusing on new opportunities more than what I own.
