Many investors wisely stick to the “circle of competence” principle when picking stocks, focusing on sectors they know well; engineers in engineering, doctors in healthcare, and others choosing fields where their expertise gives them clearer insight. This approach reduces risk and leverages professional advantage. There are countless stories of specialists thriving by concentrating on industries… Continue reading
Investing can be complex, but Stoic Investing can help navigate it effectively. Stoicism is a philosophy that has been practised globally for thousands of years. At its core, it teaches us to focus on what we can control and accept what we cannot. This approach is particularly useful for investors, as it helps us to… Continue reading
The results of returns are often heavily influenced by patience. A patient investor can navigate the complexities of the market while remaining disciplined and calm for long durations of time. Impatience is a characteristic that is lacking in the markets. I believe if investors cultivated the virtue of patience, they would be able to combat negative behaviours and achieve their long-term goals.
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Investment Discipline is a crucial aspect of investing that occurs after an investor has laid out their Investment Philosophy. It involves several factors, such as the investing strategy, Risk Tolerance, asset mix, and a refined investing process. Once the plan is in place, all investors need to exercise Discipline to see their objectives achieved. Discipline… Continue reading
What is 1st and 2nd-Order Thinking? 1st and 2nd-order thinking are thought processes that we go through when analysing situations in all aspects of life. 1st Order thinking is not inherently bad, but it is essential to try to think better and apply Second Order thinking when necessary. The Second Order thought process requires energy,… Continue reading
