Portfolio allocation, page-90

@MarsC
Each has own style and philosophy and that’s ok.

I think an owners mindset is good in terms of doing financial analysis and if you buy the right types of companies (non cyclical, structural growth)

To me, fighting Mr Market is like a perpetual MMA tournament.

It’s best to learn a wide variety of moves and countermoves.

Market conditions change and provide different opportunity sets at different times.

Right now, it’s giving me more opportunities in the old world ‘cyclicals’ category. A whole different game to buy and hold for 5-10 years.

Flexibility is key. Of course I’m open to being completely wrong and made a fool of by Mr Market and that’s ok. I’ll survive and adapt and try again.