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Sep 10, 2023 β€’ 32 tweets β€’ 9 min read β€’ Read on X
30 Visual Investing Lessons 🧡

1. Moats are essential for long-term investors: Image
2. Return on capital and reinvestment rate is how a company compounds: Image
3. Not all industries are attractive to investors : Image
4. Productive assets is the place to be invested for the long-term: Image
5. Focus on identifying wonderful businesses: Image
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6. Growth is essential for long-term stock performance: Image
7. Investing in quality businesses at a reasonable price is a profitable strategy: Image
8. High return on invested capital provides superior returns: Image
9. Company culture is a source of a competitive advantage: Image
10. Investors tend to underestimate stable and predictable cash flow businesses: Image
11: Companies that are founder-led, tend to outperform: Image
12: Family-owned businesses tend to outperform: Image
13. There will always be a compelling reason why you should sell your stocks: Image
14. The best investors buy right and sit tight: Image
15. Forecasting the macro economy is a waste of time: Image
16: Intelligent capital allocation is a trait of a high quality management: Image
17. A superior business model can make or break a business over time: Image
18. The price of a stock will follow the fundamentals and the expected future fundamentals of a business: Image
19. Small cap stocks gives you the best chance for a multi bagger: Image
20. Capital light businesses tend to outperform their asset-heavy counterparts: Image
21. Drawing lines on a chart won't make you rich: Image
22. Inflation will eat your hard-earned money unless you invest it in productive assets: Image
23. Timing the market is a fools game: Image
24: Profitable investing can be simple: Image
25: Understand the psychological cycle of the market: Image
26. Most investors are a victim of their own emotional investing habits: Image
27. Investing in reasonably priced quality companies provides a solid upside, and a reduced down side: Image
28. The stock market history is filled with dramal. But for those who ignored the drama, it is filled with profits: Image
29. Wide and narrow moat businesses has better profitability and performance over time: Image
30. Investing with a margin of safety will never go out of style: Image
If you found this thread valuable, you will love my new book.

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Use the code by checkout: P15AT1D

Go to: investinassets.gumroad.com/l/wgkrip
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Oct 13
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Sep 22
15 Visual Investing Lessons:

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= THREAD = Image
β€’Long-term mindset

Preventing the interruption of compounding remains one of the best methods for long-term returns.

Sleep focused on the business' destination, and ignored short-term noise

His mere focus was to pick great long-term winners Image
β€’Focus on the destination

Sleep focused on the company's destination.

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10 European Large-caps with:

ROCE 5y avg +12%
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Market cap USD + 1000M

πŸ‘‡
Results from the screener include companies like Novo Nordisk, Nestle, L'Γ³real, and Ferrari: Image
If you enjoy my content, be kind and:

1. Follow me @InvestInAssets for more of these
2. RT the tweet below to share this thread with your audience
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This is Charlie Munger.

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III) You think you know more about a certain stock or industry than you do, you agree with all articles and reports that confirm your thesis, and neglect those that oppose your thesis (Confirmation bias).
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