Great stuff! Glad to find another concentrated investor on substack! I would add that this style of investing also increases awareness that investing is ownership. When you only hold 5 stocks like me, I really own those businesses. Impossible to really know what’s going on with the 35th company in a portfolio.
Great stuff! Glad to find another concentrated investor on substack! I would add that this style of investing also increases awareness that investing is ownership. When you only hold 5 stocks like me, I really own those businesses. Impossible to really know what’s going on with the 35th company in a portfolio.
In the same boat. You need the ability to say no often and be prepared for more volatility. As you rightly mention, it is very personal
Great write-up!
Cheers!
Thanks Matthew! Totally agree.