You are hereLet's Make This Our Collective Investment Diaries
Let's Make This Our Collective Investment Diaries
Tom Monaghan, founder of Domino’s Pizza, used writing to exercise his mind. “I sometimes compare my brain-storming on paper to the drilling of oil wells,” Monaghan wrote. “The only way to strike oil is to drill a lot of wells.”
I have long admired the writing of diaries. Yet I had difficulties trying to make diary writing a daily habit. My random notes has always been messy and lose, buried in all kinds of papers and notebooks of different sizes.
Yet, writing diaries and brain-storming on paper is such a great way to develop my mind. I must develop a system to keep electronic diaries and manual journals.
Maybe a joint blog with a few fellow intelligent investors is the solution. Together we can chat about investment ideas and insights everyday. Here we would have a searchable filing system of our research notes.
INSIGHTS OF THE DAY
A couple of well-known investors sold BRK due to its exposures to financial stocks, I think they are wrong. BRK is due for a strong rally here. The financial stocks are ready for a big move here.