Thanks for sharing this update on both your family and your portfolio.

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Regarding “sharing your edge”— you make a good point about cannibalizing your own edge by sharing. A nuanced point I’ll add is that many ‘edges’ are well known, and the fact that they persist is not because others don’t know about them, but because of some attribute that precludes them from copying.

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For example, professional money managers have a host of industry expectations that force them to make short term decisions. I know some money managers who would like to utilize strategies that make money on a longer time frame, but their job requirements won’t allow it.

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For a retail investor, that creates a sustainable reason why long term investing will work, even if the whole world knows about it.

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There’s quite a lot of fun to be had in utilizing the edges that persist despite being well-known.

Can't wait to read it :) Happy you are writing!

great job! keep going 👍

Well done! Would love to hear more about your investment thesis!

We do not have similar strategies, but this resonated with me.

"I really have no clue what’s going on. Lets be honest we all knew this was coming. Some tried to time it, others tried to ignore it. It doesn’t matter.

What matters is what you are buying (aka quality of the businesses) and the prices you are paying for those businesses."

Hope you are feeling better Yegor!