Reading a market, slowly

Boring beats clever. On compounding, patience, and ignoring the daily noise.

The honest version of this topic is dull, and that is the point. Dull compounds.

I write the rules down when I am calm, so that I have something to obey when I am not.

Pay attention, then count.

What I would tell my past self

Most of the risk lives where the dashboard does not look. I try to list the failures I cannot see before I list the returns I want.

None of this is advice. It is a record of what I do and why, so I can argue with it later.

Related notes: Index funds, boringly, Notes on compounding.