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30 Aug, 10 tweets, 4 min read
Ian Cassel's Tweets are a Gold Mine of Investment Wisdom and Life Lessons.

His Tweets are insightful and sharp.

Here are 10 Investment and Life Lessons by @iancassel 🧵
If you invest for the long term, chances are you choose your investments accordingly.

So if you've made the decision to buy a stock, and the reason that made you buy it is still in place, believe in it.

Don't let anyone scare you out.

To find out if that reason is still in place, you need to do your homework.

Reassess what the company is doing.

Is your thesis still in place?
Is the company doing as you expected?

If you have the answers to these questions, don't debate people who don't.

A discussion is only beneficial for you when the contradicting part has something of value to say.

If they didn't do the work, don't give them your time.

It's not your job to convince everyone of your decision.

Opinions differ. You don't have to agree with every decision other investors make and vice versa.

Care about your own decisions.
And be right about them.

Focus on what matters.

When stocks rise/drop significantly, there'll always be lots of media around them.

It's crucial to keep your eyes on what matters, the business and your thesis.

In fact, most investors do the opposite.

We tend to over-analyze stocks that are going down and under-analyze stocks that are going up.

Look at all the fearful analysis work that's currently done on Chinese stocks.

People often talk about contrarian thinking/investing.
But what is contrarian investing?

Putting money where others pull money out.

Institutions are often forced out of stocks because of the sentiment surrounding them.

That's an opportunity!

Last but not least, a tip for life.

No matter what you're doing, give all you have.

You never know what will happen, who is watching, what opportunities might create themselves.

Always strive to be the best version of yourself.

If you enjoyed this little Thread and learned something new, I would appreciate your support by Retweeting or Liking it.

Also, follow Ian; as I said, you'll learn a lot.

Thank You!

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More from @MnkeDaniel

13 Sep
Social Media has changed how we Invest forever!🧵

Most trends come and go.

Social Media, Twitter, Facebook, Reddit, etc.
Did not belong to such trends.

In this thread, I discuss the influence Social Media and Co. have on investors and the finance industry.
(1/5) Accelerated Cycle of Emotions

In 2020, we saw one of the fastest drawdowns in stock market history.

Followed by an unprecedented rally.

The S&P 500 rose 93% from the 20th of March 2020 to today.
There are many reasons for this.

One, was the fast-changing sentiment.
Fear of loss turned into Fear of missing out very quickly.

The rapid fall of the market quickly seemed like an opportunity.

Especially young investors, like myself, made a run at the markets.

On social media, the narrative was bullish.
Read 22 tweets
11 Sep
You probably know Benjamin Graham.

But do you know David L. Dodd?

Without David LeFevre Dodd, the Bible of Value investing would’ve never been written.

Also, we wouldn't know who Warren Buffett is today.

It's time to tell his Story... Image
After leaving High School, David studied economics.

In 1921, he received his Bachelor of Science from the University of Pennsylvania.

One year later, in 1921, he studied at Columbia University.

At the same time, Benjamin Graham started to teach at Columbia.
In his lectures, Graham wanted someone to write transcripts.

David volunteered and from thereon worked with Graham.

These transcripts, later served as the basis for Security Analysis.
Read 14 tweets
31 Aug
All you need to know about Value Investing in one Thread 🧵

If I do my job, you'll know how investing works at the end of this thread.

Let's start!
1. The Assumption

Value investing is based on one assumption.

Markets are Inefficient.

What are inefficient markets, you may ask?
In an inefficient market, asset prices do not accurately reflect their true value.

The market makes mistakes.

Mispricings occur and offer opportunities.

Opportunities to benefit from that mispricing.
Read 25 tweets
30 Aug
Chinese Regulation is all over the news recently.

I tried to sum up what happened in the last weeks and assess what has changed.

👇🏼
(1/3) Delistings of Chinese Firms

Let's start with the biggest concern.

The possibility of delistings.

Since the $DIDI situation in July, investors fear the possibility that Chinese stocks will vanish from U.S. markets.
At the end of July, the Chinese government surprised investors by considering a penalty for $DIDI.

Didi seemingly IPOed in the U.S against the recommendation of the Chinese government.
Read 33 tweets
24 Aug
How would you feel losing $76,200,000,000?

(that's billions, just in case you're too shocked to notice😉)

Yeah, me too. At least, when your first thought was: “Terrible!”

Fortunately, I, and I assume you too, don't know that feeling.

There is a man who does.
That man is Bill Miller.

Billionaire, Value Investor, and someone who knows how losing 76 billion dollars feels like.

In 2008, Miller made a huge and leveraged bet on Bear Stearns and other banks.

As we know today, these bets didn't work out.
His 77 billion dollar fund lost over 90% of its money.

Many investors pulled their money out.

Bill Miller was left with $800 million.

Down 76,200,000,000 dollars.
Read 23 tweets
21 Aug
“Alibaba is not the Chinese Amazon!”

$BABA, $TCEHY, $JD, and other big Chinese tech companies lost +20% in the last weeks and months.

Alibaba is currently 92% of my invested capital.

This is my take on Chinese Tech at the moment.👇🏼
I've received many messages in the last weeks asking about my opinion on Chinese tech.

I've mentioned companies like $BABA a couple of times lately.

I did say that I have a big position in Alibaba.
(1/5) Position Size

What does “big position” mean?

As mentioned above, 92% of my invested capital is in $BABA.

BUT, part of the truth is that I took some of the profits I made last year out of my portfolio.
Read 32 tweets

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