Investment Principles

Stick to principles, adapt to situations, and remember that compounding interest takes time; enjoy the journey and face problems head-on.

Best practices for better investing.

If you’ve read more than a few of my blogs you will no doubt have noticed that I’m a big fan of systems and processes when it comes to investing. I’m partial to putting large amounts of money into investments where I can trust the management. If I buy an undervalued company, then I might have to think about selling it when it reaches (or exceeds) fair value. That can be difficult. But if I can identify some great companies and put my money with them, then I’m happy to leave them alone and get on with the task of being great.

I believe in spending my time preparing myself; preparing my mental state and knowledge, honing myself so that when an opportunity arises, I can take action calmly and decisively. I want to be prepared to take advantage of opportunities. I want to have the discipline to do so. I want to have the patience to wait for them to appear. Finally, I want to be decisive when they do.When I look at my investing returns, the biggest gains have come from compounders over time. If you remove my bottom 80% of investments, I’ve probably got a slightly worse than average track record. I don’t generate my returns from constantly buying in and selling out of companies like a cat on a hot tin roof. It’s patience and process that help me generate my returns – not trading. I stick to my principles and when an opportunity arises, I go all in.

Risk – All investment decisions should start with measuring risk

Research – You can get lucky a few times but skill and preparation generate long-term results.

General Principles

The Latest from The Blog

These articles provide a basic introduction to the core tenets of my strategy and important concepts for successful investors.

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