“All investment evaluations should begin by measuring risk, especially reputational”
-Charlie Munger.
Our stock performance reflects a great success during the past six years. It is primarily because of two reasons. First, the entire market was in a bull run. Second, we were lucky to pick some good winners.
We are thankful, of course, for our success. I must say that we did so entirely by luck and no expertise. But the thing that we are proud of is the vast knowledge we have acquired during this time.
We think about this performance twice or thrice before we make any future investment. Primarily because we want to continue this reputation. This thinking has not only saved us from some blunders but also obliterated our basic research negligence. We wanted to be sure before we step in. At least do our homework and leave the rest to the almightly.
We think about this performance twice or thrice before we make any future investment. Primarily because we want to continue this reputation.
We apply this lesson in our daily life as well. We try to do things that we are proud of, else, we sit back and relax. We avoid working with people with questionable character.
The risk of having a dent on our reputation is overwhelmingly important for us. We desire to have
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