Agree on the macro one with a caveat. If you pick a great businesses run by a great owner/manager, are those managers who in the long run will make your job as an investor easier by making good capital allocation decisions for you.
Thanks for highlighting how staying in one's circle of competence can be done to a fault. We encourage people to constantly expand their circle by following rabbit holes of interest and taking action in small, consistent steps.
Great note Conor!
Agree on the macro one with a caveat. If you pick a great businesses run by a great owner/manager, are those managers who in the long run will make your job as an investor easier by making good capital allocation decisions for you.
Great caveat Diego, thanks for commenting and sharing that perspective!
Great piece, Conor! Curious if there was a report you grabbed the image for point #8 from?
Thanks MT! Yes, that data comes from JP Morgan’s guide to the markets. If you google it you’ll find it!
Fun rant with lots of great information in there! 🔥🙏🏻
Glad you enjoyed it Nick, thank you!
Excellent piece, Conor!
Means a lot coming from you, thanks a lot!
Excellent read - Thanks for sharing Conor! Merry Christmas.
Thanks guys, have a great Xmas!
Every now and then I come across articles that I wish i’d written - this is one of those. Really good piece
That’s way too kind of you sir, thanks a lot. Thoughtful comment to leave.
REITs' lead in returns ... yet under-covered space and not many there, especially retail investors ... strange
I own a small allocation to REITs, but agree it's more so dividend investors I see discussing these stocks.
cool ... retail, office is tricky ... but residential/mortgage/apartment/industrial ... not bad at all ...
I love a good Good Will Hunting reference. 👍
I showed the Tweet to David Kim, and he sent this. Funny stuff:
https://www.youtube.com/watch?v=Rm6UT3oy_u8
This was hilarious, thanks for sharing it haha.
Thanks for highlighting how staying in one's circle of competence can be done to a fault. We encourage people to constantly expand their circle by following rabbit holes of interest and taking action in small, consistent steps.
Thanks, Conor
My pleasure, appreciate the kind words and the comment!
Great read Conor!
Glad you enjoyed!
Excellent, truly excellent. I have a strong dividend growth bias, and for beter or worse, I was able to retire at 54.
Thanks for the kind words, glad you enjoyed it. Also, way to retire early 💪🏼💪🏼