Disclosure: English is not my mother tongue and I am from EU.
"Openmind" stands for being able to do what makes sense without any limits of size, geography, product, share price, liquidity, you name it. This can be one of real advantages of any retail investor.
"Openmind" stands for being able to do what makes sense without any limits of size, geography, product, share price, liquidity, you name it. This can be one of real advantages of any retail investor.
"Creativity comes from open-mindedness and centeredness--seeing things in a nonemotionally charged way". (Ray Dalio). I called my blog so not because of this quote. I repeatedly read "open-mindedness" mentioned by most of successful investors.
I tagged it "investing without edge" because retail investors never have a real edge and should not fool themselves about that. If price is falling materially without news you never know if it is a forced seller or an inside leak or both. Any investor can have a "soft" edge though. Like an investment horizon and such a vague word like patience, which is completely inappropriate if you want to impress a professional operator.
I do not intend to write frequently (I will seek to post value because time is limited, so be careful about "reading everything" addiction, be very selective), follow up and respond to comments but I promise to change my mind if anybody gives me new insights. It's a journal of thoughts, a trail of records. Why I do this? I cannot write it better than Barry Ritholtz here. It is closer to the end of the post: “Helping to quiet down the voices in my head” and “I write to find out what I think.” (Daniel Boorstin). Sometimes it is just better to write it down.
In the picture on the right side you can observe that an open mind is not always a good thing or it is not clear in which place it is open and how (you can see it here).
You can write me to openmind4value (et) gmail (dot) com.
