Investor, founder of Coatue Management, from seed to public, lifecycle investing, 7 year predictions. Anything outdoors. No investment advice. Views are my own.
New York, USA
Joined June 2009
- Tweets94
- Following816
- Followers54.1K
- Likes242
1/ How do you build long term performance? 聽Warren buffet is 90. Half of his net worth was accumulated in the first 60 years and another half in the last 10. So stay healthy because the last 10 years matter! But what are the super long term skills every investor needs to master?
10/ I used to think it was all stock picking. Truth is, risk mgt is half the battle. Portfolio mgt is like poker, you don鈥檛 always get perfect cards and you need to manage your stack. My risk mgt is broken down between rules I never break and principles that reinforce good habits
To be a good public investor, you don鈥檛 need to be a genius or own a crystal ball but you do have to make a few big calls.
9/ Public investors are not always as imaginative as private investors. But they dispose of a large library of good and business models and can quickly zero in on the key metrics that matter. Not all growth is created equal and not every projection is to be accepted.