It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong — George Soros
To seed, build, and nurture timeless, intangible human capitals — such as resilience, trust, truth, evolution, fulfilment, quality, peace, patience, discipline, relationships and conviction — in order to elevate human judgment, deepen relationships, and restore sacred trusteeship and stewardship of long-term firm value across generations.
A refreshing take on our business world and capitalism.
A reflection on why today’s capital architectures—PE, VC, Hedge funds, SPAC, Alt funds, Rollups—mostly fail to build and nuture what time can trust.
“Built to Be Left.”
A quiet anatomy of extraction, abandonment, and the collapse of stewardship.
"Principal-Agent Risk is not a flaw in the system.
Your approach to position sizing is interesting. How do you ensure downside protection while still capturing potential upside, especially when you're confident in a stock? Also, how do you avoid letting intuition lead to overconfidence or risky decisions in your portfolio?
Not OP but: first question can be answered by the use of call/put options if you know a payout by a certain date like special situations (lawsuits, DOJ contest to mergers, mergers arbitrage etc.). 2nd question is you have a hard stop at say 30% of the portfolio to any position to counteract hubris.
Very well balanced. I keep my max to 10% but very similar approach to what you explained here.
Hello there,
Huge Respect for your work!
New here. No huge reader base Yet.
But the work has waited long to be spoken.
Its truths have roots older than this platform.
My Sub-stack Purpose
To seed, build, and nurture timeless, intangible human capitals — such as resilience, trust, truth, evolution, fulfilment, quality, peace, patience, discipline, relationships and conviction — in order to elevate human judgment, deepen relationships, and restore sacred trusteeship and stewardship of long-term firm value across generations.
A refreshing take on our business world and capitalism.
A reflection on why today’s capital architectures—PE, VC, Hedge funds, SPAC, Alt funds, Rollups—mostly fail to build and nuture what time can trust.
“Built to Be Left.”
A quiet anatomy of extraction, abandonment, and the collapse of stewardship.
"Principal-Agent Risk is not a flaw in the system.
It is the system’s operating principle”
Experience first. Return if it speaks to you.
- The Silent Treasury
https://tinyurl.com/48m97w5e
Your approach to position sizing is interesting. How do you ensure downside protection while still capturing potential upside, especially when you're confident in a stock? Also, how do you avoid letting intuition lead to overconfidence or risky decisions in your portfolio?
Not OP but: first question can be answered by the use of call/put options if you know a payout by a certain date like special situations (lawsuits, DOJ contest to mergers, mergers arbitrage etc.). 2nd question is you have a hard stop at say 30% of the portfolio to any position to counteract hubris.