Philosophy / Thought Process
In my freshman year at Chicago, I was a part of The Blue Chips (TBC) and I enjoyed being able to long some cool science and tech ideas based on the following:
How fundamentally important is this to humankind's future and how unique is the company offering it? This can be broken down into the following:
This is also like the greatest time for science and tech ever. The overtun window for progress is so wide open that literally anything is possible.
In such a case i feel like investing in these companies is like investing in the kind of future that one wants for human kind.
1. technical founders running the publically traded companies
2. cant be something that exists in a basically zero sum environment (things like pepsi, starbucks etc)... basically the way you create value is by innovating
3. what is something that i would want to use in the future? I feel like tech stocks are the only thing that are meeting this criteria for me.
4. for questions like this i find fundamental analysis to be bad. case in point is all of the great econ people at chicago who cant call major outperformers because of fundamentals.
5. Investing in the kind of future that you want and the kind that these companies are creating then basically
6. Never sell in short term unless something philosophically has changed (founder feud or playing the competitive game)