This is a nice post. Thank you for that framework. What I personally still struggle with is the definition of the tiers and how adjust my holdings based on changing conviction in both ways.
Great post! Your breakdown of position sizing is spot-on and a good reminder that it’s not just about picking winners, but making them count. I like how you blend practical frameworks with real-world examples from investing legends like Buffett and Marks. The tiered approach to conviction and risk is especially actionable. I'll definitely save this for my portfolio planning!
This is a nice post. Thank you for that framework. What I personally still struggle with is the definition of the tiers and how adjust my holdings based on changing conviction in both ways.
Thank you, Hendrik! I appreciate it.
Shoot me a message here on Substack via private message! I think I can help you out. 😁
Great post! Your breakdown of position sizing is spot-on and a good reminder that it’s not just about picking winners, but making them count. I like how you blend practical frameworks with real-world examples from investing legends like Buffett and Marks. The tiered approach to conviction and risk is especially actionable. I'll definitely save this for my portfolio planning!
Keep up the insightful work.
Thank you, Alan. I appreciate the kind words. Position sizing remains a topic of debate for many investors. I’m thrilled you found value here!