A Quick Lesson Learned + Announcement
I Read this the Other Day, I wanted to Share it. Plus, I wanted to loop you all in.
Success and Failure is Apart of Life, and Investing
What many don’t see or understand is that successful businessmen (women too), investors, entrepreneurs don’t succeed 100% of the time. The intangible thought process the hero’s of investing have is not that they are superior in a form of decision making but rather than they understand that they could be wrong with everything they do.
It’s risk and odds, everything in business is risk and odds and nearly nothing is 100% certain.
One great market call doesn’t make you right all the time, one bad call doesn’t make you wrong all the time. This is a perfect relationship between Ying and Yang, it’s balance, as is everything.
In other words, successful business ventures and investing is a result of a survival with a few concentrated, big, winners over time. Patience, due diligence and a stable mind is they key to successful investing.
I Have Spent the Past Few Days Working
I have spent the past few days putting together the longest SubStack I have ever written. It’s much longer than a news letter and could be consider a short read on the methodical stock picking process I have developed over time. There is partial market theory but in many ways, absolutes.
In addition to making this a readable version, I am also producing an audio version. I am excited to say it will be done tomorrow. Make sure to tune in.
Stay Tuned, Stay Classy
Dillon