Hi good friends and supportive family,
I have thoroughly enjoy spewing my spiel on this newsletter for a couple of months now and I hope it has offered at least a minuscule amount of worthwhile information. If it has not, please feel comforted in that it has provided me with a cathartic canvas in which to express myself to a certain degree. From the bottom of my heart, I thank you for pretending to read my posts.
As we enter the new year and with new goals and themes, I have decided to write less frequently and ride my next soon to be newly purchased motorcycle more often…I meant to say that I have decided to write less frequently and give more thought to each posting. But in all seriousness, I wanted to start this newsletter with a lot of good content, find a direction and go in that direction. And I have.
I will continue to post random musings, but will also be posting some trade ideas that I currently have on or will be putting on soon. I welcome (beg for) your feedback. And don’t be afraid to offer Ad Hominem reasoning…as long as it’s followed by a sound argument.
Here’s an example:
“Dave, buying Schmedlap Semiconductor is a terrible trade idea. You’re an idiot. What the hell are you thinking? Have you thought about Nvidia’s new chip? It will put Schmedlap out of business. NVDA’s chip is not only faster, it’s cheaper and …”
Here’s another example:
“Dave, you were seriously going to invest in this company…”
So I welcome and really look forward to your feedback. For those of you who know me, part of my investment strategy is to determine:
Where am I wrong?
What am I missing?
These two important questions are very difficult to answer by oneself. Instead, they require a perspective that only others can provide. And thankfully, by asking these questions, I have managed to avoid certain psychological traps and cognitive biases that would have led to poor investment decisions.
Thank you again and from the serious part of the bottom of my heart; I thank you all.
Enjoy and be safe. Have a wonderful 2024!