Simple Smart Seminar
  • Stock
  • Investing
  • Politics
  • Tech News
  • Editor’s Pick
Editor's PickStock

My Durable Advantage as an Investor is My Experience: Here are Seven Examples

by May 23, 2025
May 23, 2025 0 comment

It scares me to admit I’ve been investing for over 50 years. It’s been a great ride, and fortunately I’m still going strong. One of my investment mantras thru all these years has been Charlie Munger’s quintessential advice: “try to be consistently not stupid.”

We all make investing mistakes, but not all of us learn the appropriate lessons from those mistakes. This blog is less about mistakes and more about lessons. If the investment genie were to offer me a redo on my portfolio management execution from these past decades, here are seven things I would do differently next time around.

  1. More USA, less international. I know what you’re thinking—what about diversification? But I believe that William O’Neil had it right all along. American ingenuity is where you want to invest. Besides, great American companies do business all over the globe. Microsoft is doing your diversification for you.
  2. Hot money managers are not worth chasing. I’ve been guilty of this. Sometimes it works, but only if you get in early and don’t overstay to the point when their hot hand inevitably cools — and it will. I have a long list of managers who can claim this crown.
  3. Keep it simple. Adding complexity or asset classes or different methodologies to your portfolio mix seldom results in outperformance, but we investors will continue to be tempted. Something about human nature wants to seek out complexity. Fight the urge.
  4. Private equity and hedge funds. Recently, the number of new funds and new money has swollen significantly. I never liked the high fees, long terms and lack of liquidity. There are just too many other sensational stock market options (albeit less sexy for cocktail party discussions.)
  5. Fees matter. Even small differences matter and will add up over time. Too often, investors pay for the Los Angeles Dodgers and end up getting the Wichita Mudcats.
  6. Ride those winners! I’ve had five long term holdings that have paid a lot of bills. Hold tight when you find an AMZN, MSFT, COST, V, or MA.
  7. Investing is the art of man versus markets. The voodoo within investing is how best to control your Investor Self. If you memorize only one of the 10 Essential Stages of Stock Market Mastery from our book, let it be Stage 3—The Investor Self.

Trade well; trade with discipline!

Gatis Roze, MBA, CMT

StockMarketMastery.com

  • Author, “Tensile Trading: The 10 Essential Stages of Stock Market Mastery” (Wiley, 2016)
  • Developer of the “Stock Market Mastery” ChartPack for StockCharts members
  • Presenter of the best-selling “Tensile Trading” DVD seminar
  • Presenter of the “How to Master Your Asset Allocation Profile DVD” seminar

P.S. If you would like to be notified when I post a new Traders Journal blog, please submit your preference via the tile in the right column titled FOLLOW THIS BLOG.

0 comment
0
FacebookTwitterPinterestEmail
previous post
Automate Your Scans with Ease! Sample Scan Library + Scheduled Scans Walkthrough
next post
3 Stocks to Watch While Everyone’s Staring at NVIDIA

You may also like

Week Ahead: NIFTY Set To Stay In A...

July 5, 2025

From Oversold to Opportunity: Small Caps on the...

July 3, 2025

Bank Capital Standards

July 3, 2025

Psychedelic Legalization

July 3, 2025

Freedom of Speech Is Worth Celebrating, as Europe...

July 3, 2025

Money’s Not Leaving the Market — It’s Rotating!

July 3, 2025

Expanding Federal Involvement in Education Isn’t the Way...

July 3, 2025

American Craft Brewers Suffering Under Trump’s Tariffs

July 3, 2025

More NYC Corruption

July 3, 2025

Trump’s “Unimpeachable” Reputation

July 3, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Week Ahead: NIFTY Set To Stay In A Defined Range Unless These Levels Are Taken Out; Drags Support Higher

      July 5, 2025
    • From Oversold to Opportunity: Small Caps on the Move

      July 3, 2025
    • Money’s Not Leaving the Market — It’s Rotating!

      July 3, 2025
    • Missed Disney’s Rally? Grab This Defined-Risk Put Spread for a Second Chance

      July 2, 2025
    • Should You Buy Roblox Stock Now? Key Levels to Watch

      July 2, 2025
    • MACD Crossovers: Why Most Traders Get It Wrong

      July 2, 2025
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 simplesmartseminar.com | All Rights Reserved

    Simple Smart Seminar
    • Stock
    • Investing
    • Politics
    • Tech News
    • Editor’s Pick