Chadd Knights

Passionate investor.

[Chadd Knights @chaddknights]

Pleased to report our fund performance to November 20.

8.97% return in Nov-20 net of fees.
17.16% return since inception (3/8/20) net of fees.

https://t.co/JGYRdHOqCp

[Chadd Knights @chaddknights]

"High gross margins are the most important single factor of long run performance."

Matthew Berry, "Mean Reversion in Corporate Returns"

[MastersInvest.com @mastersinvest]

“You want to really devote as much time as possible to study the history of businesses and the history of great businessmen in the past.” Li Lu

[Chadd Knights @chaddknights]

Make sure you know whether you’re in the truth business or the story telling business

[MastersInvest.com @mastersinvest]

‘Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value. Though it's seldom recognized, this is the exact approach that has produced gains for Berkshire shareholders’ Warren Buffett

[Kelly @SelfMadeMastery]

Warren Buffet bought more stocks this quarter than he did in 2008.

Take from this what you will.

[Chadd Knights @chaddknights]

"I had good judgement. Good logical judgement on the facts. And that's what business is really about."

Tom Murphy, Capital Cities / ABC, Inc

[Muthukrishnan Dhandapani @dmuthuk]

Good investing is boring with very few activities and long periods of doing nothing. That’s how it should be.

[Elon Musk @elonmusk]

Since I’ve been asked a lot:

Buy stock in several companies that make products & services that *you* believe in.

Only sell if you think their products & services are trending worse. Don’t panic when the market does.

This will serve you well in the long-term.

[Douglas A. Boneparth @dougboneparth]

“Warren Buffett is a dinosaur and has lost his touch.” -Tristan, who is down -90% year-to-date

[Chadd Knights @chaddknights]

“If a company is an outlier in investment terms, it’s increasingly often an outlier in impact terms.”

Lawrence Burns, Baillie Gifford

[Chadd Knights @chaddknights]

The clarity of thought one gets working in the morning is simply amazing.

[Naval @naval]

The best investors spend most of their time walking and reading.

[MastersInvest.com @mastersinvest]

'Phil Fisher was just telling me the same thing Charlie was telling me, which was, it’s very important to get into a business with fundamentally good economics and one you could ride with for decades, rather than one where you had to go from flower to flower every day.' W Buffett

[Stockhead @StockheadAU]

MoneyTalks: The tourism, leisure, and hospitality sectors are regaining lost ground – here are 3 stocks to watch https://t.co/3rpkowaGNP #ASX $CHL $VVA $SMP @chaddknights

[Chadd Knights @chaddknights]

“…When a speculator wins he doesn’t stop till he loses, and when he loses he can’t stop till he wins.”

[Chadd Knights @chaddknights]

“Trading on margin is a good deal like paddling around the edge of the old swimming hole - it seems safe and easy at first, but before a fellow knows it he has stepped off the edge into deep water.”

John Graham ~1900

[Brian Feroldi @BrianFeroldi]

"The stock market is a giant distraction to the business of investing."

-- Jack Bogle

[Brandon Beylo @marketplunger1]

How much lower do we have to go until we switch from quoting Buffett to quoting Nietzche?

[Ian Cassel @iancassel]

The hardest part of active investing is knowing which companies deserve your patience.

[Chadd Knights @chaddknights]

@bkaellner This is a great piece.