Thinking in Systems Systems are like Russian nesting dolls—a system that has its own subsystems is also part of a larger system which is part of another larger system. As an example, a supply chain consists of many different industries where within each industry, sit hundreds of companies. Each of these companies is further made […]
PDF Version *** The role of an active investor is to compound return at a rate higher than the market over the long-term. To achieve that, you have to be right and non-consensus. Both require making good decisions. And good decisions comes from learning how to think well. Good thinking can only be achieved through […]
Whatever you decide to call yourself whether as a trader, speculator, value investor, growth investor, fundamental analyst, technical analyst, a hybrid of both and so on it doesn’t matter. You are a capital allocator. The role of a capital allocator is to allocate capital in the most efficient way that maximizes long-term return. Simple as […]