people's biggest mistakes
e says the biggest mistake an investor can make is to sell a stock that goes on to rise tenfold not from owning something into bankruptcy but that's what everyone thinks at least judging by the questions that we get from our clients we got questions about our holding in Northwest Airlines rather than the sale of Apple earlier this year but selling
... See moreFounders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
My big mistake was not holding Amyris so bankrupcy.
It was selling Palantir when I knew it was a guaranteed success and holding it
It might have been buying more in Oscar instead of buying more in Lemonade and Hims
The things you learn in maturity aren't simple things such as acquiring information and skills. You learn not to engage in self-destructive behavior. You leant not to burn up energy in anxiety. You discover how to manage your tensions, if you have any, which you do. You learn that self-pity and resentment are among the most toxic of drugs. You find
... See moreJohn Gardner • Personal Renewal
hy is it that no one but the founding Walton family owned
Walmart all the way through Zach and I were told a story which we enjoyed enormously and might help illustrate this point in the early 1970s a large successful fund management company analyzed its portfolio and discovered that their sale of IBM 30 years earlier had been a huge error of
... See moreFounders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
we have argued that the biggest error an investor can make is the sale of Walmart or Microsoft in the early stages of the company's growth we wonder would selling Amazon today be the equivalent mistake of selling Walmart in 1980
Founders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
AI is powerful but taste-blind. It can make anything but it has no idea what's actually worth making.
Sari Azout • What Matters in the Age of AI Is Taste
I’d argue most humans have the same problem
our manager has already made his first mistake in investing in Costco from not buying enough
Founders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
This is is the hardest part. You need to have money available, have enough conviction and be willing withstand the pressure for yeares
Why should we care about digital hoarding? Storage is cheap, why not keep it all? To be clear, storage is cheap - cheaper than ever before. The clutter on our devices is (mostly) not a problem. The real problem is who is pushing all this clutter.
Escaping the Attention Economy - Last Week I Learned
when we expand a technology we expand it towards both the divine and the profane. But it is up to us to both define that which is divine/profane — instead of a broad acceptance of the profane as “just another use case that we can’t avoid”.
