Thread by @marketplunger1

Some quick thoughts for new investors about writing up a new idea:

When I first started investing (and still sometimes do today) I wanted to write everything down about a stock.

Every data point on paper.

Yet this brain-dump removed the LEARNING from "learning the biz"...

The more I asked other investors about their processes, the more I realized they spend less time "data dumping" and more time deeply thinking.

I know, it sounds pithy.

But these are my favorite investors. What did they know that I didn't?

Answer: The power of compounding..

Here's what they (generally) do.

The best investors I know slowly accumulate knowledge on a company or industry (months, years, etc.).

Then, when a new idea surfaces, they leverage all that compounded knowledge and the actual act of writing the idea becomes effortless.

Some people here (myself included) write about a new idea once a week.

Sometimes its impossible to wrap my head around an idea in six days.

I get frustrated and feel left behind. Honestly I still don't know how @packyM does it (and neither does he!)

Instead, take the LT view

It's not about becoming an all-encompassing expert on your CURRENT write-up.

it's about depositing that knowledge into a interest-bearing account. One that grows over time.

An account you can leverage 20+ years from now.

Crawl. Walk. Run. Sprint.