The following chart shows a timeline based on the year of acquisition of the current top 15 holdings
Wow, honest and all kudos for trying to identify biases inside and how to harness them!
The 50% drawdown test is excellent! I've experienced it at the end of last year, but in a microcap. That's a lot harder to hold than a Google or Amazon. The perceived moat and quality of the company matters a lot. Great article!
Wow, honest and all kudos for trying to identify biases inside and how to harness them!
The 50% drawdown test is excellent! I've experienced it at the end of last year, but in a microcap. That's a lot harder to hold than a Google or Amazon. The perceived moat and quality of the company matters a lot. Great article!