I have just finished editing this article, literally two minutes ago. It was the most difficult piece I’ve ever put together. I sincerely hope you enjoy it and/or find it useful, and encourage you to subscribe after a skim!Thanks for reading From 0 to 1 in the Stock Market! Subscribe for free to receive new posts
Excellent work. After reading this, I also see how important of an exercise it is to write out our investment philosophy. Looking forward to next year's annual letter!
Great write! Very insightfull for me to read. You touch a lot of good points to think about during the process of investing. An article to keep on archives for futur reads and to digest everything. Thanks!
What an ambitious post! This is a really useful project, because investing is more about understanding yourself than knowing how to calculate ROIC.
You comment that repetition is everywhere, and ask how to add value. So much of it is just putting existing thoughts into a new context. Even Buffett's wisdom is often just repackaged Ben Graham. No shame in that!
Insightful and enjoyable reading Giuliano, thanks for sharing.
Looking forward to see how you deploy the principles in practice!
I have very similar views. Terry Smith has been a big influence on me as well!