No. 42 - One-Trick-Pony Investing, An Energy Investment Framework.
capitalbuddha.substack.com
One-Trick-Pony Investing There's many ways to make money in the investing business. One way is to immerse yourself in a high growth field, spending a lot of time to find the right company that crushes it over time. Usually high growth fields come with high variance in returns - i.e. for every Tencent, there is a graveyard of thousands of Chinese internet companies.
No. 42 - One-Trick-Pony Investing, An Energy Investment Framework.
No. 42 - One-Trick-Pony Investing, An Energy…
No. 42 - One-Trick-Pony Investing, An Energy Investment Framework.
One-Trick-Pony Investing There's many ways to make money in the investing business. One way is to immerse yourself in a high growth field, spending a lot of time to find the right company that crushes it over time. Usually high growth fields come with high variance in returns - i.e. for every Tencent, there is a graveyard of thousands of Chinese internet companies.