The purpose of creating this content is to offer one stop where you can learn from the time I’ve spent researching investment theory. The single most important thing to remember is investment theory is a secondary goal. The primary goal is spending less than you make and investing the remainder. That is the only way to keep wealth. I will focus on the latter, but the former is much much more important.
My hope is the content I create will warrant other people’s attention and I can help them navigate the sea of investment mangement as well.
NOTE – These are opinions only. Nothing found here is investment advice. All content I post is purely subjective and people should do their own due diligence.
Sullimar Capital Group (S.C.G.) makes no representation, warranty or undertaking, express or implied, as to the accuracy, reliability, completeness or reasonableness of the information contained in this presentation. Any assumptions, opinions and estimates expressed in this presentation constitute S.C.G’s judgment as of the date thereof and are subject to change without notice. Any projections contained in the Information are based on a number of assumptions as to market conditions and there can be no guarantee that any projected outcomes will be achieved. S.C.G. does not accept any liability for any direct, consequential or other loss arising from reliance on the contents of this presentation.
S.C.G. is not acting as your financial, legal, accounting, tax or other adviser or in any fiduciary capacity.
THIS WEBSITE IS INTENDED FOR EDUCATIONAL PURPOSES ONLY AND NO DISCUSSIONS CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES OF ANY COMPANY.
Throughout this process I will try to avoid labels like “value” or “growth” because I deem them hazardous to people’s investment health. In order to be a successful investor one musn’t worry about his/her label. The most important thing to remember is you are buying an asset and your goal is to buy it (a) at a substantial discount to what you think it is currently worth or (b) at a substantial discount to what you think it will be worth.
Should you pursue the art of (a) above I implore you to focus on the business’ rate of change. My strong suspicion (assuming you are operating in moderately “normal” times) is businesses offered at discounts to what they are currently worth are facing significant challenges. The key in that instance is assigning probabilities to the rate of change and being realistic about what the market knows.
Should you pursue the art of (b) above I implore you to consider reasonable returns on your money, how long your projected value will take to realize, and the tendency for overly optimistic outlooks. What looks perfect today can change rapidly tomorrow.
It would be nice to have a manual that says (a) is better than (b), or vice versa. Unfortunately, that manual doesn’t exist and if it did life would be much less interesting.