No.18: Spring-loaded Management Starting Conditions, JP Morgan Acquisition Spree, Arm NVIDIA Deal, Moderna Business Breakdown
capitalbuddha.substack.com
“Having an investing edge” basically means having access to some uncommon and useful advantage that helps someone earn supernormal returns. It comes in many forms – and some of these forms can be downright simple, yet profound. It’s often said that investors need to be contrarian or independent thinkers. To some extent this is true – but can I still outperform if I am unable to think independently? I would say this is possible. A way to hack this is to change the crowd that I hang around. If I end up in a crowd that has some special insights, I can benefit from those insights and invest behind them. In this way, having drinking buddies in different walks of life can allow me access to deals that others wouldn’t get unless they were ‘in the know’.
No.18: Spring-loaded Management Starting Conditions, JP Morgan Acquisition Spree, Arm NVIDIA Deal, Moderna Business Breakdown
No.18: Spring-loaded Management Starting…
No.18: Spring-loaded Management Starting Conditions, JP Morgan Acquisition Spree, Arm NVIDIA Deal, Moderna Business Breakdown
“Having an investing edge” basically means having access to some uncommon and useful advantage that helps someone earn supernormal returns. It comes in many forms – and some of these forms can be downright simple, yet profound. It’s often said that investors need to be contrarian or independent thinkers. To some extent this is true – but can I still outperform if I am unable to think independently? I would say this is possible. A way to hack this is to change the crowd that I hang around. If I end up in a crowd that has some special insights, I can benefit from those insights and invest behind them. In this way, having drinking buddies in different walks of life can allow me access to deals that others wouldn’t get unless they were ‘in the know’.