Crazy, Stupid, Trends
As I’ve said many times, I am an anti-fundamentalist. I do not comb through a company’s financials or industry reports to calculate the “right” price for a particular stock or market. I do not buy when I perceive the market value to be below what I think it should be. I believe all information gets […]
Avoiding Nice
I have nothing in common with a person who thinks it’s a good idea to hold on to META, for example, through a -70% decline because “it’s still a good company” or “I believe in Zuck!”. I’m OK with giving back some profits and sitting through a little bit of pain, but -70%? No. That’s […]
Motivation by Frustration
Working at my first job after college in 2007, I recall getting the idea to start a fund. It was mostly a “that would be cool” kind of idea. Very wishy washy and dreamy. My motivations turned serious though when the Financial Crisis unfolded. I lost money and my job at JP Morgan. I felt […]