Ben’s Billion Dollar Compounding Plan

https://docs.google.com/spreadsheets/d/1k0IDctrpzyLjFFjYqTiPXZuSTwYFJdK-QZQ3AG859Dw/edit

Great thread Summer!

• Read EVERYTHING/ANYTHING
• Write before you bite
• Buy businesses or experiences
• Don't discuss your investments with family or friends, they most likely don't care that much
• Proceed with extreme caution on any "hot tips", especially if they are coming from friends of management
• Be careful judging books by their covers
• Be kind

CalmQuietFocus

1. Educate yourself earlier
2. 'De-risk' your portfolio in the early stages of your investing journey so you don't get intimidated by large red days
3. Start earlier
4. Continue to educate yourself.

Great post - I’d tell myself to prioritise quality and that valuation is important but secondary rather than the other way around. Also to not buy anything unless i’ve got high conviction in it - this allows me to keep holding through periods of volatility.