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.
Absolutely love this approach. Current my portfolio is focused around my 3 best ideas and the hurdle to make it into the team is getting bigger. I like the idea to get to 6 companies as a next milestone to smoothen out the huge volatility.
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
Thanks Matthew! Totally agree.
Absolutely love this approach. Current my portfolio is focused around my 3 best ideas and the hurdle to make it into the team is getting bigger. I like the idea to get to 6 companies as a next milestone to smoothen out the huge volatility.
Cheers!