Sunday, July 3, 2011

Value Grind Launch

In poker, the term "grinding" is used to explain the behavior of the poker player who sits for hours, folding countless hands in the pursuit of generating steady profits without going broke.

Value investing is in many ways like grinding. Success comes from endless hours of filtering through ideas, discarding most, and only in the face of bold irrationality or mass hysteria, do scalable opportunities present themselves. In these moments, investors who act promptly in scale can experience disproportionate returns on the risk assumed.

This journal chronicles my journey on the Value Grind.

 Any opinion expressed in this journal is solely my own, and you should not treat any opinion expressed on this site as a specific inducement to make a particular investment.

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