The only thing that you control right going back or mixing it with the idea of stoicism is your process. And if you stick to your process over a longer period of time with patience, I think then it really separates the skill from the luck. You could think that you have been skillful in applying that process and sticking to through it through the ups and downs of the market.
Vitaliy Katsenelson is a value inevstor and CEO of Investment Management Associates. He is also the author of Soul in the Game: The Art of a Meaningful Life. In this episode, we discuss his journey as a value investor, how investors can practice thoughtful arrogance to make sound investing decision, the idea of being a student of life, stoicism, what having soul in the game really means, and much more.