What I think is so interesting about the checklists and content you share is how directly it can transfer to your own life. The quote from the beginning: “If you have a solid understanding of what a company does and can explain it simply, you are less likely to waste time on tangential issues as you go into more depth.” - Michael Shearn" could be used to look at your own life. Do I really know what I believe? Can I explain it simply? If so, I don't need to get lost in some of the tangential details.
What I think is so interesting about the checklists and content you share is how directly it can transfer to your own life. The quote from the beginning: “If you have a solid understanding of what a company does and can explain it simply, you are less likely to waste time on tangential issues as you go into more depth.” - Michael Shearn" could be used to look at your own life. Do I really know what I believe? Can I explain it simply? If so, I don't need to get lost in some of the tangential details.
Great post!!
Thanks, Kyle! You have helped me connect a lot of the dots on the ways investing questions crossover & turn into important life questions.