名言集

patience / discipline / self-honesty / compassion

人生で大切なことは、毎日の繰り返しの中にある
「生きる」とは日々の行いを一つ一つ丁寧に行う事
誰のため？何で俺が？そんなことに悩む前にまず行動せよ　
Just Do It ただひたすらに（大愚和尚）

10 Commandments of Investment Management
1. Thou shall not skim off the top
2. Thou shalt not have an investment team
3. Thou shalt accept that thou shalt be wrong at least one-third of the time
4. Thou shalt look for hidden PE of 1 stocks
5. Thou shalt never use Excel
6. Thou shalt always have a rope to climb out of the deepest well
7. Thou shalt be singularly focused – ignore Macro, because you will not be able to forecast it.
8. Thou shalt never short a stock
9. Thou shalt not introduce leverage
10. Thou shalt be a shameless cloner

When you are sitting on a big cash position it’s easy to become too bearish because you have the ability to take advantage of a drawdown like few others do. You wake up pissed the market isn’t down more and it paralyzes you from pulling the trigger on anything. You start studying macro and trying to pick bottoms when you should be just analyzing the heck out of your wish list of companies, formulating where you think their businesses will be in 3-5 years and buying a little knowing you might look dumb in 3-6 months and being ok with it.
 

The market is here to serve me, not to guide me.

Be patient, Keep working, Opportunity will come.

生きてさえおれば　命さえあれば　人生は必ず変わるのである。変えられるのである。
これを自分の信念として叩き込め。あきらめるなよ。（宗道臣）