Tag: investment thesis

Become a Self-Aware Investor “Time is the friend of the wonderful company, the enemy of the mediocre.” This famous quote by Warren Buffet – who is currently valued as having a total net worth of $78.7 billion – reflects the well-known tendencies of this wildly successful investor to make incredible stock picks, and then to hold his stocks for a long time. But how does one identify what Buffet terms a “wonderful company”? What drives an individual’s investment decisions? With so many companies and markets to choose from – and endless “expert” advisors offering advice – how does one cut through and identify the right investment route? Blueprint for Success As with other situations where there are just too many choices, and you need to weed through the options and figure out find what you’re really looking for – for example, as a student choosing a university or deciding on a career – it’s partly a question of self-definition: understanding what you want, what you believe in, and what your strengths are. The key to effective decision-making in these...