GREY:PLUUF - Post by User
Post by
Y93H1979on Aug 15, 2018 11:05pm
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Post# 28469717
A good read
A good readVery relevant to a company like PLU.
https://microcapclub.com/2014/08/the-conviction-to-hold/
I particularly like this quote
My “edge” is knowing my positions better than anyone else. This doesn’t mean I’m going to be right, but the more I know the better. I think many misperceive high conviction for close-mindedness, ignorance, and arrogance. The conviction I’m talking about is quite the opposite. You need to constantly assess your positions and openly listen to counter arguments. Only then will you have the conviction to hold multi-baggers because you will understand all sides to the story. You also need to develop a thick skin. If you are not ready to be criticized for your convictions than you aren’t ready to make real money.