ForwardTracks

Here to learn about great businesses

[ForwardTracks @forwardtracks]

@XEdJones That helps a great deal. I have an oversized position in that stock currently and as you say, opportunity cost does come into it.
Good to talk with another UK investor by the way. Cheers.

[ForwardTracks @forwardtracks]

@eastdakota @dopiotrek @threepointone It’s still very popular, although less of a good deal these days. About to head there for lunch!

[ForwardTracks @forwardtracks]

@dougboneparth At least the PS5 box will provide a good source of fibre

[ForwardTracks @forwardtracks]

@jrouldz Nice shots Doc, what camera do you have?

[ForwardTracks @forwardtracks]

@dougboneparth Your generosity knows no bounds

[ForwardTracks @forwardtracks]

A lot to like about $MELI here.
Top leadership team and a powerful flywheel.
Very much hope to continue holding for 10+years.

[ForwardTracks @forwardtracks]

Investing mindset shift I have made over the past few years:🤔

I used to chase “the best” investments.

Now I chase habits that let me invest for decades.

The older I get, the more I realize: behavior compounds faster than returns.

Happy Halloween!🎃

[ForwardTracks @forwardtracks]

Whats one lesson you wish you'd learnt earlier about investing?

Mine is not getting too carried away with any one company.
A prime example: $ZM in 2021. Ouch.

[ForwardTracks @forwardtracks]

An invaluable investing mindset I learnt in 2022 📉:

'Your biggest investing edge isn’t IQ — it’s resisting the urge to act when everyone else is panicking.'

[ForwardTracks @forwardtracks]

When comparing investments, don’t just look at returns.

Ask: “Could I actually hold this for 10 years?”

A 9% return you can stick with beats a 12% return that makes you lose sleep.

[ForwardTracks @forwardtracks]

One of the most important portfolio management traits I’ve learnt over the last 5 years:

Water your flowers 🚿
Trim your weeds ✂️

[ForwardTracks @forwardtracks]

@StockMarketNerd Almost always a great opportunity

[ForwardTracks @forwardtracks]

@Ashton_1nvests Same, I have about a 4-5% allocation. Will be watching this one closely!

[ForwardTracks @forwardtracks]

@BrianFeroldi Nice approach - risk management is key when investing in single stocks.