investing wisdom
Daniel Bakalarz and
investing wisdom
Investing is Just Answering a Series of Questions: Explaining the Reverse DCF
Speedwell Researchspeedwellmemos.com
"An investment philosophy on ‘complexity investing’ from NZS Capital"
Investment philosophy on "complexity investing" from NZS Capital, emphasizing the need to embrace extreme events, balance resilience and optionality, and focus on quality, growth, and understanding change in portfolio construction.
static1.squarespace.comNZS Capital poses that the economy and the stock market are best studied as complex adaptive systems akin to biology. They emphasize investing in companies that are adaptable, long-term focused, innovative, possess long-duration growth, and maximize non-zero-sum outcomes. The approach involves fewer, larger positions in companies highly adaptive to disruption, high levels of quality, growth, and context, and smaller positions in companies with a wide range of potential outcomes.
Copy of Prime Macaya Capital Management LP - January 2023 Thoughts - Barriers to Scale.pdf
drive.google.com
Barriers to scaling investment managers - really good memo
Investment Principles.pdf
drive.google.com
Investment Principles recollection by some of history’s best investors.
🧵12 Threads for Learning to Trade Options🧵
Stop wasting ur time and money on 600-page textbooks & 2 yrs of MBA.
The BEST RESOURCES on options trading come from actual pro traders, many of them right here!
A syllabus of 12 threads/pods/blogs to grow your knowledge & PnL:
👇
Building & Investing in Marketplaces
joincolossus.comConviction
The document delves into the importance of conviction in business ownership, detailing the role of explicit and implicit convictions in investing decisions and the concept of Quality in company assessment.
greenlealane.comwonderful essay on conviction in investing and life