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Ep 355. Market Update, Omaha Trip, Activision Arb, and Thoughts On Elon Musk Buying Twitter

Focused Compounding

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Don't Sell a Net Net for a Year

Don't sell something three months into it. Let it go for a year, because there's no reason. I mean, it was a net net, so it was way too cheap, and then it goes a 50 %. There's no reason behind that. You din't know it as gong o go a 50%. But why sell it the moment it goes at 50%? You don't know what'll go, a hundred percent. Give it a little time to see what happens there. And or if you want to hold it for a diffrent periodof time, that's fine, butli pick a period of time and then reassess each im.

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