Feroz Basa

[Gavin Baker @GavinSBaker]

Selling winners too early has been a persistent problem for me.

No matter how much I tell myself that I am going to learn and let them run - I still begin trimming my winners way too early.

Letting winners run is the most common shared trait amongst great investors.

Kaizen.

[Ian Cassel @iancassel]

If you manage other peoples money you better be just as picky about your investors as you are your investments. One bad investor will make your life miserable.

[Steve Burns @SJosephBurns]

"If someone emerges from public service richer than when they entered public service, they probably weren't serving the public." - @WST73

[Ian Cassel @iancassel]

Buy and hold isn’t buy and forget. It is buy and verify (your thesis), and the smaller the company the more often you verify.

[Investment Wisdom @InvestingCanons]

"A great investment opportunity occurs when a marvelous business encounters a one-time, huge, but solvable problem."

— Warren Buffett

[Ian Cassel @iancassel]

“Pessimists are intelligent.
Optimists are rich.”

- @dmuthuk

[Ian Cassel @iancassel]

As a stock picker I've always been amazed at how quickly the pendulum of confidence swings from feeling like you know exactly what you are doing to feeling like you have no idea what you are doing. It is such a fascinating mental and emotional exercise. I love it.

[Ian Cassel @iancassel]

When someone realizes a big win in the portfolio, congratulate them and help them celebrate their victory. Investing is hard. Your time will come.

[Ian Cassel @iancassel]

“Take your losses quickly and your profits slowly because your objective is not just to be right but to make big money when you are right”

– Bill O’Neil

[Morgan Housel @morganhousel]

If you accept that no one can time the next recession/bear market you realize that absorbing manageable damage is more realistic than avoiding risk. Way easier, less work.

[billionaire_secrets @billionaire_key]

Working hard is good. Working smart is good. Working hard AND smart is magic. Smart people aren’t born smart. Learning makes you smart. Never stop learning.

[Jalal @JalalSali]

Warren, what do you consider the most important quality for an investment manager?

[Gabbar @GabbbarSingh]

If you are good at something, do it for the payslip, if you are very good at something do it for the invoice.

[Ray Dalio @RayDalio]

I have often seen less believable people (students) insist that the more believable people (teachers) understand their thinking and prove why the teacher is wrong before listening to what the teacher (the more believable party) has to say. That’s backward.

[Safir @safiranand]

Great point simply put: a discussion between 2 market participants after Black Monday:

[Steve Burns @SJosephBurns]

Trading is 80% behavior & only 20% knowledge. If we can control the guy in the mirror we can make a lot of money.

[Simon Sinek @simonsinek]

Ambition is refusing to quit on ourselves. Leadership is refusing to quit on others.

[Ravichand @stocknladdr]

Investing Vs Trading

[Ray Dalio @RayDalio]

An idea meritocracy—a system that brings together smart, independent thinkers and has them productively dis-agree to come up with the best possible collective thinking & resolve their disagreements in a believability-weighted way—will outperform any other decision-making system.

[Chris Froome @chrisfroome]

One of my favourite days of 2018 @giroditalia 💖🇮🇹