"Attention to detail is critical and vital. Recognize patterns. Intuition is nothing more than recognising patterns. If you become accustomed to recognising patterns, anything odd will jump out at you." @jasonzweigwsj@CFASocietyIndia
"Take nothing for granted." @jasonzweigwsj@CFASocietyIndia
Even an asterisk and a simple name search on Google can lead to revelations of great magnitude.
"Be careful and fact check....change the font of your report....change the order of sentences...Read bottom to top....do anything and everything that helps to read and check carefully without bias." @jasonzweigwsj sharing tricks of trade :) @CFASocietyIndia
"Get the names of secretary, the EA, the "support staff". Give everyone your business card. It really helps. You don't know who will be your source and become useful to you and when" @jasonzweigwsj@CFASocietyIndia
"Be a skeptic. Speak discreetly with competitors and customers. Ask about inventory practices and bidding on contracts, accounting practices." @jasonzweigwsj@CFASocietyIndia
"Never, ever lie, mislead or deceive. Tell the truth, the whole truth and nothing but the truth. But you don't have to tell the whole truth at the beginning (that scares them off)"
"Compounding as a concept is not intuitive. It is a shame that we don't spend more time in grasping and understanding it." @jasonzweigwsj@CFASocietyIndia
"Mean reversion is a basic truth of financial markets. But there are pitfalls. 1. The mean may not revert on your calendar. 2. The mean itself is always in flux.
We need to recognize these pitfalls and be humble while investing." @jasonzweigwsj@CFASocietyIndia
"I would have loved to have a conversation with Late Floyd Odlum, who was probably the best value investor during the great depression." @jasonzweigwsj@CFASocietyIndia
• • •
Missing some Tweet in this thread? You can try to
force a refresh
"World is changing. You are changing. We are all living in a flux. What matters is what works for you and what matters to you. Inner score cards are more important than outer ones."
~ @Sanjay__Bakshi #VIP4@CFASocietyIndia