Excellent compilation of the best blog posts of 2020 by @NovelInvestor 👏
Great lessons in there for long-term investors in individual stocks. Thread below with few of my fav articles.
CC: @Gautam__Baid @dmuthuk
novelinvestor.com/lessons-from-t…
Great lessons in there for long-term investors in individual stocks. Thread below with few of my fav articles.
CC: @Gautam__Baid @dmuthuk
novelinvestor.com/lessons-from-t…
List ⬇️ 
1⃣ Phil Fisher: The Art of Holding On
"Over decades, a stock will earn a similar return as the business earns. A basket of businesses with sustainable high growth rates have stocks that compound at a similar rate. And selling early can be costly."
novelinvestor.com/phil-fisher-th…
"Over decades, a stock will earn a similar return as the business earns. A basket of businesses with sustainable high growth rates have stocks that compound at a similar rate. And selling early can be costly."
novelinvestor.com/phil-fisher-th…
2⃣ Enduring Drawdowns in Wonderful Companies
"It’s up to investors to separate the company from its stock price because declines are inevitable. But a great company’s stock will not only recover but go on to be extremely rewarding."
novelinvestor.com/enduring-drawd…
"It’s up to investors to separate the company from its stock price because declines are inevitable. But a great company’s stock will not only recover but go on to be extremely rewarding."
novelinvestor.com/enduring-drawd…
3⃣ What Makes Great Companies Great
"A true compounder is financially strong. It makes cash hand over fist which gives Mgmt optionality. It can be reinvested to grow the business, steadily increasing dividend, used to buy back stock, pay down debt..."
novelinvestor.com/what-makes-gre…
"A true compounder is financially strong. It makes cash hand over fist which gives Mgmt optionality. It can be reinvested to grow the business, steadily increasing dividend, used to buy back stock, pay down debt..."
novelinvestor.com/what-makes-gre…
4⃣ A 90-Year-Old’s Tale of Compounding (about Warren Buffett).
"You have the least control over the returns earned. However, you have the most control over the dollars going in and time invested in markets...."
novelinvestor.com/a-90-year-olds…
"You have the least control over the returns earned. However, you have the most control over the dollars going in and time invested in markets...."
novelinvestor.com/a-90-year-olds…
Growth Companies criteria from the above article.
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