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Sunday
Apr272014

Our Social Media Sharing Philosophy

This post describes partially our social media sharing philosophy regarding our investments. It is a work in progress.

  • We are happy to discuss our ideas via social media platforms because so many people are generous and we benefit immensely reading their articles.
  • We don’t contend we are smarter than the average bear or bull on any stock we discuss, we just try to gain insight about each company.
  • We don't give financial advices and stock recomendations.
  • We don't discuss the price action or "the price target" of a stock. Sorry, we don't focus on that.
  • We care a LOT about the underlying business now and in the future..
  • We have a very long term investment horizon.
  • Most of our investments are usually highly distressed situations that are not suitable for the majority of investors. 
  • We usually find 1 or 2 amazing opportunities every 3 to 5 years (more frequent in bear markets) and when we find one we spend a lot of time thinking about and talking about it.  We sound like a broken record most of the time.
  • Often, we have nothing to show for our work for a long time so it is important to take our opinions with a grain of salt.
  • We know we can and do fail often and we know that failure is an integral part of success. It is never a one way street. 
  • Always do your own homework and reach your own conclusion. 

 Written by Michael Bigger.   

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