Aug. 3 at 10:48 PM
Buying high-quality companies near their 200-week moving average can create some of the best long-term opportunities.
Positions I added at or below their 200 WMA that later delivered 100%+ returns:
$SOFI
$ETH.X (+200% before giving some back)
$ONTO
$PLTR
The lesson:
You don’t need dozens of winners.
A few well-researched, high-conviction investments can have a life-changing impact over time.
The challenge is having the patience to buy when sentiment is negative, valuations are compressed, and everyone else is focused on short-term fear.
Great businesses rarely look obvious during the best entry points.
Conviction, discipline, and time are what allow compounding to work.
