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Lessons from the last ep: 1/ Focus on the process, not outcome. Implement an institutional grade process Record all your trades. Underwrite and revisit your thesis constantly, specially when a price swings. More…
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2/ Statistics, probability, expected values are key when investing. Make sure you’re smart in this domain Have a selling strategy in place, price targets, and recycling funds. Position yourself to manage risk accordingly Ask yourself: if this position 100x, what will I do?
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3/ Master your mind, you will deal with uncertainty daily Own your time and go to therapy. This will make you a better thinker This one resonates the most @santiagoroel @yanowitz — making sure my mind and body is healthy makes me a better investor, and a better human
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