Thread by @heymaxkoh

If you're feeling panic and fear during these turbulent times in the market, here's a quick tip I hope will help:

Write down 1-2 sentences WHY you own the companies that you currently hold in your portfolio.

(continued...)

Honestly, this should have been done before you even bought the stock.

But if you didn't, it's a good time to do it right now.

After writing your 1 sentence reason, then list down 3-4 key variables that you expect this business to execute to show the thesis is still intact.

I find this helps calm your nerves because writing forces you to clarify what you truly think inside your head.

In times of market volatility when I feel affected my market noise, I go back to my central word document and review my reasons for investing.

It serves as a compass that grounds me in the stormy seas.

Helps me stay logical, and makes me ask whether my fear is driven by noise, or backed by real facts.

For a start, you can keep it simple.

Just 1-2 sentences, followed by 3 bullet points of key variables will be enough.

Overtime, you start to get in the habit of writing your thoughts down.

And your thesis document gets longer and more elaborate.

try it!

FYI I no longer hold Fiverr in the portfolio. This was a small "get to know you" position I took earlier in the year.