Phenomenal article/compilation on "The Biggest Mistakes Investors Make". h/t @manualofideas @JMihaljevic 👏

cc: @dmuthuk @Gautam__Baid @saxena_puru

My fav pts in the thread below ⬇️

moiglobal.com/biggest-mistak…
Lot of great points on the importance of having a strategy, process, discipline, patience, self-reliance, awareness of risk, biases/emotions, learning from mistakes & more. Image
More ⬇️ Image
Some more ⬇️ Image
The last year has delivered great results to many Portfolios but Market conditions are always changing and it's important to ensure the Process and Portfolio are built to withstand whatever the Market throws at it in the short-term and sustain & succeed for the long-term.
"Even as learning from past mistakes is easier said than done, there is no path toward improvement unless we attempt to learn from our mistakes — and those of others."

/END

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More from @RamBhupatiraju

22 Feb
Good article on the four general types of Investing edges.

✔️Informational edge
✔️Analytical edge
✔️Behavioral edge
✔️Organizational edge

schroders.com/en/uk/the-valu…
Very important for investors (especially individual investors picking their own stocks) to figure out what your edge is, that will enable you for LT success in the Market.

W/o getting into too much details, below are some methods I recommend to improve chances of success.
1⃣ Informational edge : Most of the raw information is freely available to everyone, but if you can filter out the noise (media/stock predictions, random opinions), & focus only on the reliable sources (Co produced docs, analysis by investors you respect..) you can have an edge.
Read 7 tweets
19 Feb
My $ROKU 📺story⬇️and some lessons in the thread below. Image
It's not often that I get add so many times at attractive prices in such a short amount of time, but that Mr. Market can be extra generous sometimes and you got to oblige. Image
Few general lessons (not recs)⬇️

✔️ Don't get stuck on your initial (not fully informed) opinions

✔️ Consider facts , updates from reliable sources and analyze with fresh eyes

✔️ When you have a good enough thesis, start a small position (don't wait for perfect entry points).
Read 5 tweets
18 Feb
Ten quick reasons why I❤️$TWLO & plan to hold for a long time to come.

1⃣ Primary service (CPaaS) is a critical & growing component of Digital Transformation. Being able to effectively reach Customers in whatever channel they prefer is a must.
2⃣ Highest mindshare and best in class for CPaaS.

3⃣ Plenty of organic growth left.

4⃣ Usage based Revenue model in exploding use-cases is great.

5⃣ ~140 DBNE, one of the best in SaaS
6⃣ Great top line growth for few more years, and margins trending in the right direction.

7⃣ Huge base of Customer count, with no concentration risk.

8⃣ Smart acquisitions, not empire building. SendGrid and Segment are all great additions.
Read 5 tweets
18 Feb
Three excellent articles on Financial Ratio Analysis, on the basics, purpose, key terms and definitions.📊
h/t @discover_ci 👏

1⃣ Profitability Ratios 💰

discoverci.com/blog/profitabi…
2⃣ Leverage Ratios ⚖️

discoverci.com/blog/leverage-…
3⃣ Asset Management Ratios 🏪

discoverci.com/blog/asset-man…
Read 6 tweets
14 Feb
Summaries of 5 excellent books about Buffett. h/t Digging for Value👏

cc: @dmuthuk @Gautam__Baid

1. Warren Buffett Speaks
Be principled
Be rational
Difference between price & value
Circle of competence
Think independently
Pricing power
Franchise value

diggingforvalue.com/book-summary/w…
2⃣ Buffettology by Mary Buffett and David Clark

diggingforvalue.com/book-summary/b…
3⃣ Warren Buffett Accounting Book by Stig Brodersen and Preston Pysh

Vigilant leadership
Long-term prospects
Stable and understandable
Attractive purchase prices

diggingforvalue.com/book-summary/w…
Read 7 tweets
12 Feb
What a ride it has been to follow these trends in the last few years and build long-term positions in them.🎇

ECommerce🛒
SaaS ☁️
FinTech 💳
AdTech 💻
Apart from the great returns they have delivered, it's just so much fun to observe & study

✔️ The major trends in the world and consumer/biz adoption

✔️The vision and execution of the best Management Teams

✔️The relentless innovation that's coming out of these awesome Co.'s
✔️The improvements and efficiencies they are delivering to their customers

✔️The optionality they create for themselves by introducing new products/services

✔️The non traditional Financial metrics & Valuations we have to consider for investing in these Co.'s 😀
Read 9 tweets

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