What are your Investment Rules?

[kiora]

I would add,interest free,repayable on demand.

"'You Never Ask Me for Money Again'

: Kevin O'Leary Explains Instead Of Investing In Family Members' Businesses, He Gifts Cash With A Caveat"

https://finance.yahoo.com/news/never...220908026.html

"When a family member approaches him for money – whether it's to start a restaurant or launch a new business – he offers a one-time gift. In the case he mentions, it's $50,000. Not a loan, not an investment, just a gift. But there's a catch: "You never ask me for money again. Ever." O'Leary's rule is simple: after that check, there will be no more handouts, no future expectations, and no financial entanglements. As he humorously adds, he hands over the money and then "goes back to polishing his eggs." It's a clean break that leaves no room for future financial disputes or awkward family interactions."

" A good approach for the rest of us might be to only give what we can afford to lose – whether that's $50, $500, or $5,000 – and make it clear that it's a one-time deal. No loans, no strings, no awkward family gatherings."

[kiora]

"Investment Philosophy:We are business owners.

“In making investments, I have always believed that you must act with discipline whenever you see something you truly like. To explain this philosophy, Buffett/Munger likes to use a baseball analogy that I find particularly illuminating, though I myself am not at all a baseball expert. Ted Williams is the only baseball player who had a .400 single-season hitting record in the last seven decades. In the Science of Hitting, he explained his technique. He divided the strike zone into seventy-seven cells, each representing the size of a baseball. He would insist on swinging only at balls in his ‘best’ cells, even at the risk of striking out, because reaching for the ‘worst’ spots would seriously reduce his chances of success.

As a securities investor, you can watch all sorts of business propositions in the form of security prices thrown at you all the time. For the most part, you don’t have to do a thing other than be amused. Once in a while, you will find a ‘fat pitch’ that is slow, straight, and right in the middle of your sweet spot. Then you swing hard. This way, no matter what natural ability you start with, you will substantially increase your hitting average. One common problem for investors is that they tend to swing too often. This is true for both individuals and for professional investors operating under institutional imperatives, one version of which drove me out of the conventional long/short hedge fund operation. However, the opposite problem is equally harmful to long-term results: You discover a ‘fat pitch’ but are unable to swing with the full weight of your capital.”
—Li Lu
*(Poor Charlie’s Almanack, 3rd Edition 2009, Page 61)"

https://www.himcap.com/

[kiora]

"“International life stages models suggest people should not reach maximum de-risking until they are in their 70’s"

https://www.stuff.co.nz/money/350445...1+October+2024

[kiora]

". The operating leverage and financial leverage on stocks, depending on where we are in the economic cycle, and competitive pressures, industry dynamics that change, that can alter the trajectory of earnings for certain companies. When things turn down, there's operating leverage. But in the cycle we've just endured, where rates have gone up and companies that have got far too much debt and are suffering from much higher interest costs, and then throw in a bit of regulatory risk."

https://www.livewiremarkets.com/wire...AD%20%20LISTEN