Tagged "discipline"
9 articles on this topic.
Why the Exit Plan Matters More Than the Entry
Almost all attention goes to when to buy. Every serious loss I have seen was determined by what happened at the other end.
September 9, 2026, 2 minRebalancing Without Emotion: A System That Survived Two Cycles
The mechanics are trivial. Everything that makes rebalancing work is in the parts that remove judgement from it.
September 1, 2026, 3 minThe Difference Between Patience and Paralysis
Both look like holding. One is a decision renewed with evidence, the other is an absence of decision, and they end differently.
August 24, 2026, 2 minWhy I Do Not Discuss My Positions Publicly
Stating a position out loud changes your relationship to it in a way that is measurable in your own subsequent decisions.
August 2, 2026, 2 minWhat Conviction Means When You Are Down 40 Percent
Conviction is usually described as a feeling. The useful version is a document written when you had nothing to defend.
July 1, 2026, 3 minOn Not Having a Price Target
Every target I have ever set was either reached and ignored, or missed and revised. I stopped setting them and the decisions improved.
June 18, 2026, 2 minThe Rule About Never Adding on a Green Day
An arbitrary-sounding rule that removed an entire category of my worst decisions. The reasoning is behavioural rather than analytical.
May 30, 2026, 2 minWhy I Keep a Written Investment Policy
One page, reviewed quarterly, amended only in calm months. It has made more decisions for me than my judgement has.
May 14, 2026, 2 minWhy Holding Is Harder Than Buying
Buying is a single decision. Holding is the same decision renewed every day for years, under conditions designed to make you renew it differently.
May 5, 2026, 3 min