Common Mistakes ⬇️
Some very useful tips on how to use Behavioral Finance to improve your process and results. ⬇️
Sep 22, 2022 • 7 tweets • 2 min read
Slowly setting my cash on fire again this week.
Small adds to existing pos
$META (Social is done)
$NOW (Who needs IT monitoring anyway?)
$ALGN (Everyone from now one will have perfectly aligned teeth)
$SQ (hey guys, focus plz, actually)
$MDB (Recession will kill need for DBs).
Kidding aside, the next few qtrs are highly uncertain from a lot of aspects, but not all Cos are the same when it comes to credit dependence for capital stack/customer demand...
Sep 18, 2022 • 15 tweets • 3 min read
I love investing quotes so much, that I tried coming up with 10 of them incorporating lessons for the current situation. Let me know if any of these resonate with you and which one's your fav
1⃣ The time of maximum pleasure (from all those recent/quick big gains) could actually be the time of maximum risk (when the forward R/R could be quite unfavorable).
Sep 15, 2022 • 5 tweets • 3 min read
Excellent list of Investing Book summaries. h/t @SajKarsan👏
For me, 2022 is not an year for sulking about all those positions that weren't sold in 2021. It's about correcting the mistakes & SLOWLY taking advantage of these lower valuations of strong growth Cos (to open/increase positions) & build a stronger foundation for future returns.
As it stands today, above are what I'm looking forward to (across my 2 portfolios). Not recs.
Ideally, adding from Prio# 1&2, sometimes Prio#3 (while not bloating the Portfolio), occasionally Prio#4 and rarely Prio#5, while diversifying and rotating the purchases.
Aug 30, 2022 • 6 tweets • 4 min read
Happy 9⃣2⃣nd Birthday to the favorite investing teacher for many of us.🎂 Every additional year of his life is an incredible gift to the Business & Investing community.🙏
Five of my favorite and useful #Buffett resources in the thread below ⬇️
Planning to slowly dip my toes in the buying pool again.
Watching (not recs)
$MTCH under $58 (existing position : avg basis $84)
$TREX under $49 (no position, have been interested for many yrs)
Any experts on these names? Looking for long-term fundamental bear thesis (not a short term technical one, or a generic economy based one) and any major issues in the near future?
Aug 22, 2022 • 6 tweets • 2 min read
"Words of Investing Wisdom" by Value Investor Insight. One of my fav docs to come back to every year. So much wisdom packed in one place.👏
If below link doesn't work, google "Words of Wisdom Value Investor Insight pdf".
I understand it's all about the almighty inflation & Macro these days, but below are
-Current holdings I'm interested in adding to VERY SLOWLY (barring no big -ve surprises w.r.t actual biz results)
-Prospective holdings I'm interested in tracking & maybe slowly buying.
Plan is to add very slowly & rotate among my fav sectors/Cos while conserving bulk of the $$ to deploy when we see signs of stabilizing and then easing inflation for few months.
The operating climate and results of each specific Co are important along with valuation.
Jun 8, 2022 • 19 tweets • 7 min read
One of my fav docs to come back to during all market cycles. Covering Investment principles, checklists, economic cycles/bubbles, value traps & more. Phenomenal compilation by @pcordway👏
May 2021 vs May 2022
There are many ways to go about deploying your capital.
1⃣ Low cost diversified Indexing. DCA thru ups and downs. Occasional rebalancing that's well thought out. Shut out the noise and enjoy all that extra time and peace of mind.
May 18, 2022 • 9 tweets • 2 min read
Whenever Mr. Market gets really mad, I have a bad habit of adding small amounts to my fav existing holdings.
Added to (not recs)
Or as the Mkt calls them (& many other Cos) these days "Unprofitable Sh*tcos with terrible biz models, and no growth prospects".
Of course, no Company is w/o issues.
$VEEV : growth is lower compared to many other SaaS, especially in core CRM. Never too cheap.
$ABNB : growth will take a hit during actual recessions. As the ADRs go higher, travelers might find Hotels more attractive in the core Urban areas
May 9, 2022 • 7 tweets • 1 min read
Did some panic buying today.
$ROKU at $87
$MDB at $263
$SQ at $81.50
$SE at 63
$NET at $57.30
$SBUX at $73.50
I know I know. NGMI.
In 3-5 yrs, I'll either look back fondly for buying at these prices or I'll learn some painful lessons. I'm ready Mr. Market.
One can lose their mind trying to guess all the non-business reasons for such severe drawdowns in many of these growth Cos especially in the last few days.
-Any funds blowing up?
-ETF outflows based on price action?
-Momentum trades towards the downside?