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Investment Philosophy: Difference between revisions
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High confidence means being sure about our investment thesis. | High confidence means being sure about our investment thesis. | ||
There is <u>no</u> shortcut or workaround to high confidence but detailed and obsessive work. We are striving for an excellent understanding of every major sub-component of the investment thesis w/o loosing oversight. | There is <u>no</u> shortcut or workaround to high confidence but detailed and obsessive work. We are [[Our Values|striving for an excellent]] understanding of every major sub-component of the investment thesis w/o loosing oversight. | ||
A high level of confidence allows us to take advantage of falling prices by doubling down(if the situation allows it) and avoiding panic reactions. | A high level of confidence allows us to take advantage of falling prices by doubling down(if the situation allows it) and avoiding panic reactions. | ||