How I Invest
-Focus on a small group of stocks that I understand.
-High returns on capital are preferred.
-Strong competitive advantage is a must. Pricing power.
-Try to only buy individual stocks I'd want to hold for the next 10 years and forget everything else.
-50% of funds go into an index, because no one has "that many" good ideas. My stock portfolio has less than 10 individual stocks in it at all times.
-Buy low, sell never.