wenbin.org — Scour · Scour

wenbin.org

43 posts in the last 30 days

Historically I deal in five or six asset buckets. It tends to keep me out of trouble in terms of playing in an area where I shouldn't be playing at a particular...

I won't play in a game where the other people are wise and I'm stupid. I look for a place where I'm wise and they're stupid. And, believe me, it works better.

I don't care if a company is large cap, middle, small or micro cap. It makes no difference. See's Candy at $25M was micro when we bought. The only questions tha...

wenbin.org·18h

If all you ever did was buy high-quality stocks on the 200-week moving average, you would beat the S&P 500 by a large margin over time.

I am building a cloud

Microeconomics is what we do and macroeconomics is what we put up with.

Daring Fireball: Another Day Has Come

The first rule of a happy life is low expectations. If you have unrealistic expectations, you're going to be miserable your whole life.

Tim Cook’s Impeccable Timing – Stratechery by Ben Thompson

When I ran Magellan, I might’ve been right 6 times out of 10. But if I’m right and make a double or triple, occasionally, it offsets the times you lose 30 or 40...

I am not a victim, I’m a survivor. I don’t like any feeling of being victimised, so I just put my head down and adjust without ever feeling betrayed.

I’m a better investor because I’m a business person, and I’m a better business person because I’m an investor.

You’ll make more money in the end with good ethics than bad.

Most of the errors in our business are errors of emotion.

The Walt Disney Family Museum

Stocks are a safe bet. But only if you stay invested long enough to ride out the corrections.

Selling your winners and holding your losers is like cutting the flowers and watering the weeds.

The goal of investment is to find situations where it is safe not to diversify.

I like to deal with people where I feel a one-page contract will do the job.

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