How to become a SUCCESSFUL investor: a guide 1/n

1) Diversify but don’t. Diversification is for idiots, but it is also a free lunch.
2) Stay consistent but don’t. Have a consistent repeatable process, but also adapt to changing markets.
3) Read outside research but don’t. The best investors think for themselves and are lone wolves but they also talk to others to learn and copy ideas.
4) Use the sell-side but don’t. Your time is valuable and using the sell-side saves time, but it is also low quality and will add needless noise – don’t use them.
5) Talk to management but don’t. Meet with management and learn, but don’t let management influence your thinking because management is promotional.
6) Play the quarters but don’t. Stay up to date on current information and model every quarter, but also focus on the five-year performance and hold.
7) Ignore macro but don’t. Analyze individual companies because macro evens out over time, but macro also drives most of the returns so always understand the bigger trends.
8) Average down but don’t. If you like it and it falls buy more, but losers average losers so don’t.
9) Trade a lot but don’t. Stay active and move in and out of positions as new information comes in, but don’t trade too much.
10) Have a margin of safety but don’t. Make sure the balance sheet is strong enough to prevent any permanent capital impairment, but also buy high-quality businesses at fair multiples.
11) Short but don’t. Shorting is a great way to get more long, but longs make more $$$ and are less controversial so focus on them.
My point is that every great investor is different and you can’t break down success into a few quotes. This thread is inspired by:
https://t.co/Lg6dvdP0Fi

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@franciscodeasis https://t.co/OuQaBRFPu7
Unfortunately the "This work includes the identification of viral sequences in bat samples, and has resulted in the isolation of three bat SARS-related coronaviruses that are now used as reagents to test therapeutics and vaccines." were BEFORE the


chimeric infectious clone grants were there.https://t.co/DAArwFkz6v is in 2017, Rs4231.
https://t.co/UgXygDjYbW is in 2016, RsSHC014 and RsWIV16.
https://t.co/krO69CsJ94 is in 2013, RsWIV1. notice that this is before the beginning of the project

starting in 2016. Also remember that they told about only 3 isolates/live viruses. RsSHC014 is a live infectious clone that is just as alive as those other "Isolates".

P.D. somehow is able to use funds that he have yet recieved yet, and send results and sequences from late 2019 back in time into 2015,2013 and 2016!

https://t.co/4wC7k1Lh54 Ref 3: Why ALL your pangolin samples were PCR negative? to avoid deep sequencing and accidentally reveal Paguma Larvata and Oryctolagus Cuniculus?
@EricTopol @NBA @StephenKissler @yhgrad B.1.1.7 reveals clearly that SARS-CoV-2 is reverting to its original pre-outbreak condition, i.e. adapted to transgenic hACE2 mice (either Baric's BALB/c ones or others used at WIV labs during chimeric bat coronavirus experiments aimed at developing a pan betacoronavirus vaccine)

@NBA @StephenKissler @yhgrad 1. From Day 1, SARS-COV-2 was very well adapted to humans .....and transgenic hACE2 Mice


@NBA @StephenKissler @yhgrad 2. High Probability of serial passaging in Transgenic Mice expressing hACE2 in genesis of SARS-COV-2


@NBA @StephenKissler @yhgrad B.1.1.7 has an unusually large number of genetic changes, ... found to date in mouse-adapted SARS-CoV2 and is also seen in ferret infections.
https://t.co/9Z4oJmkcKj


@NBA @StephenKissler @yhgrad We adapted a clinical isolate of SARS-CoV-2 by serial passaging in the ... Thus, this mouse-adapted strain and associated challenge model should be ... (B) SARS-CoV-2 genomic RNA loads in mouse lung homogenates at P0 to P6.
https://t.co/I90OOCJg7o