A thread on @DavidGFool's six traits of Rule Breaker investors. Awesome stuff.

In the thread, I'll include one of David's relevant saying for each trait.

First, here's the list in its entirety.
1. Let your winners run. High.

"Find good companies and hold them tenaciously over time to earn multiples upon multiples of your original investment."
2. Add up instead of double down.

"I try to find excellence, buy excellence, and add to excellence over time. That’s how I invest."
3. Invest for at least three years.

"In before the vast majority of others and out after the vast majority of others."
4. Remember the 4 tenets of conscious capitalism.

"Make your portfolio reflect your best vision for our future."
5. 5% max initial position.

"Stocks always go down faster than they go up, but they always go up more than they go down."
6. Aim for 60% accuracy.

"You have to be willing to lose to win."
Here's a great podcast on this topic if you want to listen to it over the weekend:

Finally, every investor should read this old article from David, called The Greatest Secret of All. It's a short tale that leaves a lasting impact on how you think about investing.

Thanks, David for bringing Foolish thinking to the investment community and helping individual investors beat the market over decades.

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More from @danielsparks

13 Aug
In 07', I was a janitor making $7.55 an hour, living in a 500 sqft duplex in a city with one of the highest crime rates in the nation and an average income of $20K. I had no college education and a pregnant wife

I depended on Medicaid and food stamps

Yet my wife believed in me
Cherish those who believe in you. Believe in yourself, too. When you're in a rut and you have to climb your way out, know you're more than your current situation. You can outdo your circumstances.
Today, I've served four years in the military on active duty, have a bachelor in business, an MBA, and have been self-employed since 2012.

Neither of my parents graduated from college.

Love and belief from those closest to me is what helped the most.
Read 4 tweets

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