go long, everyone else is going short
don't spend any time worrying about what other investors do I spent all my time studying great companies and studying great Industries if Nick and Zach were worried about what other investors were doing at this time they wouldn't be doing what they're doing they wouldn't have been buying Amazon they wouldn't have been talking about Costco
Founders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
Li Lu & Nick Sleep
Writer David Foster Wallace said that he thought good nonfiction was a chance to “watch somebody reasonably bright but also reasonably average pay far closer attention and think at far more length about all sorts of different stuff than most of us have a chance to in our daily lives.” Amateurs fit the same bill: They’re just regular people who get
... See moreCeline Nguyen • Everything I Read in February 2025
Think of everything as work in progress and share it without the pressure of trying to make it perfect
stay focused...ignore the rat race...try to build things that are cool. the rest will fall into place
Joshua Kushnerx.comConsistency trumps everything.
Utsav Mamoria
It’s with this in mind that inveterate investors understand why identifying companies likely to exponentially increase free cash flow per share is a highly intellectual and psychological game. You have to understand the businesses in question better than the market does and persist in your thesis through severe, elongated, and emotional tests. It’s
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what the problem is what if we're right what if these are wonderful businesses what if Costco is going to get much bigger from here why is it then when you look at the history of investing that so few people cannot see success and what he means by that is they sell way too early so he says we take no comfort from the fact that not seeing success is
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