Letter # 76 | 22 February 2022 |
While all of us appreciate the importance of compounding in our portfolios, we often overlook how important beginnings are.
All of us have probably seen the impact of improving something by just 1% each day, but this week, we carry the discussion way forward – on to cosmos, to countries as well as to companies.
We conclude by extending the same argument to one’s investment philosophy. Whereas human minds are wired to store information in simplified formats, anything that is of consequence follows cycles – and we must be extremely conscious, right at the beginning about what we choose to believe in.
Information in this letter is not intended to be, nor should it be construed as investment, tax or legal advice, or an offer to sell, or a solicitation of any offer to make investments with Buoyant Capital. Prospective investors should rely solely on the Disclosure Document filed with SEBI. Any description involving investment examples, statistical analysis or investment strategies are provided for illustration purposes only – and will not apply in all situations and may be changed at the discretion of the principal officer. Certain information has been provided and/or based on third-party sources and although believed to be reliable, has not been independently verified; the investment managers make no express warranty as to its completeness or accuracy, nor can it accept responsibility for errors appearing herein.