Six years ago, I read @nntaleb's *Antifragile*. The lessons invaded my brain and haven't left since.
I started taking the ideas and applying to investing.
I created a framework for stock picking from it. It has 8 parts
It has roughly 4X'd the market.
How it works, a 🧵⤵️
• Banks don’t like #crypto.
• Taxis don’t like Uber.
• Hotels don’t like Airbnb.
• Bookstores don’t like Amazon.
• Cinemas don’t like Netflix.
• 9-5’s don’t like remote work.
Innovation is not always liked.
One undervalued stock which is available at single digit PE
Its India 🇮🇳
Catch it young before it start commanding premium valuations in next 5-6 years...
Peter Lynch had an incredible run as manager of the Magellan Fund at Fidelity Investments, taking assets under management from $18 Million to $14 Billion.
Top 20 Lessons from Peter Lynch 🧵