I agree with all of those principles. A few random thoughts of mine.
-For most of my investing career I was doing a combination of index investing and DGI investing, although I didn't know the DGI strategy actually had a name.
-When I joined this forum and others, I ran into what I considered a lot of "stock collectors". I fell into the trap for a time. IMO if you don't have time to properly research a stock prior to owning a substantial position, then you are asking for underperformance. Subsequently you need to give them a review at least annually. Patience is good but I don't believe in blind faith because a company used to be good is better than index investing. It's inferior IMO. Personally I can only watch 20 tickers and it's only because I enjoy this. Add some index to this and I believe it's the best I can do.
-Margin of safety has been tough to come by lately, but I try to remain invested enough. I am seemingly the forum bear because I will not buy much if any if it's overvalued IMO. Are the rules really different now? Is a 4.0 PEG now OK just because it's been working lately? The evidence says I'm wrong for now.
-I won't be writing any investing books but one of the basic rules that has served me well is this..... Never do today what you wish you had done last week, month, year etc. You have to know when to let it go. Maybe you get another chance later and if not don't obsess on a particular company you missed the chance to buy or sell.
-For most of my investing career I was doing a combination of index investing and DGI investing, although I didn't know the DGI strategy actually had a name.
-When I joined this forum and others, I ran into what I considered a lot of "stock collectors". I fell into the trap for a time. IMO if you don't have time to properly research a stock prior to owning a substantial position, then you are asking for underperformance. Subsequently you need to give them a review at least annually. Patience is good but I don't believe in blind faith because a company used to be good is better than index investing. It's inferior IMO. Personally I can only watch 20 tickers and it's only because I enjoy this. Add some index to this and I believe it's the best I can do.
-Margin of safety has been tough to come by lately, but I try to remain invested enough. I am seemingly the forum bear because I will not buy much if any if it's overvalued IMO. Are the rules really different now? Is a 4.0 PEG now OK just because it's been working lately? The evidence says I'm wrong for now.
-I won't be writing any investing books but one of the basic rules that has served me well is this..... Never do today what you wish you had done last week, month, year etc. You have to know when to let it go. Maybe you get another chance later and if not don't obsess on a particular company you missed the chance to buy or sell.