It's important to have friends in investing who:

1. Have their own opinions and are well-informed.

2. Trustworthy individuals who don't hold back when pointing out your BS and who have an intimate understanding of your goals.

3. Are interesting to talk to!

Inspired by Sven Lorenz at Undervalued Shares.


#friends #investing #ownopinion #understanding
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Josh Rozin's avatar
@joshOctober 12
The best dynamic is when your investing friends catch you when you're down and you catch them when they fall. It's very easy to not stick to your disciplinary rules but having an impartial third party can be a solution.
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Eric Pelnik's avatar
@vintage_value which of the mistakes listed did you learn from the most?
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Dillon Jacobs's avatar
Maybe I'll write a memo on that, since it's simply too long of a comment! 😂
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Nathan Worden's avatar
Who are your investment buddies? Tag them if they're on here— invite them to Commonstock if they're not on here yet!

@worden.josh @merangus @adventuremandan
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.Yegor's avatar
Definitely with you but it’s also hard to find this kind of individuals , never mind investing just in general finding people who are carrying, open minded, and willing to call out on BS while you (not you particularly) not getting offended because your ego is getting triggered

Would love to meet people as you described, not easy…
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Dillon Jacobs's avatar
Agreed, but I have only met these people only because I've out myself out there unabashedly.

Try it and see if it works. Also, feel free to DM me anytime.

I can be that friend for you 😉
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.Yegor's avatar
@vintage_value it’s funny how short my memory can be, you actually did give me some useful feedback on my deep dive and I’ll keep in my for other things too (related to investing) I also think I need to give feedback to others when I know it might be a bit negative but helpful without worrying to much that I might hurt their “feelings” since I’m not doing it with some evil plan but just to actually help them 🤔
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.Yegor's avatar
@vintage_value thank you Dillion and say goes from me to you or anyone else 😎
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Dillon Jacobs's avatar
Feedback is all about the delivery in my opinion.

If constructive feedback is delivered well, and the reaction from the receiving end is negative, well that's most likely thier problem, not yours.
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Dillon Jacobs's avatar
Indeed!
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