Hi Readers !
Let me just summerise my core investment philosophy which have actually helped me grow as an Investor and that is beautifully and succintly put forth by Robert Hangstorm in his book “Investing : The Last Liberal Art ”
“From each discipline the thoughtful person draws significant mental models, the key ideas that combine to produce cohesive understanding. Those who cultivate this broad view are well on their way to achieving worldly wisdom, that solid mental foundation without which success in the market — or anywhere else — is merely a short-lived fluke.”
So I am on my ways to collect various mental models which I shall put to use while investing. Sometimes this various model would test your intellect as they might be exact opposite of each other, but remember people who do great things, tolerate ambiguity.
There are 5 ambiguities in this newsletter which you have to overcome to grow as investor ! Check out the last segment for that !