01 · Essays
The long-form thinking. One idea worked out at a time, usually the hard way.
The money in a long-term holding gets made in the years where nothing seems to be happening.
May 18, 2026 · 2 min read
The holding period you'd claim in conversation and the one your account statement actually shows are two different numbers.
February 9, 2026 · 2 min read
Buying is a single decision. Holding is a decision you make again every day, whether you notice it or not.
November 14, 2025 · 2 min read
Write your mistakes down when they happen, because your memory will quietly rewrite them later.
July 29, 2025 · 2 min read
Quality isn't a vibe or a famous logo, it's a short list of specific things you can actually check.
April 3, 2025 · 2 min read
You don't build your nerve during a crash, you either brought it with you or you didn't.
January 22, 2025 · 2 min read
Trading isn't the same thing as investing, and doing less of it, more slowly, is usually the better decision.
September 11, 2024 · 2 min read