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15 years, 15 lessons on Risk & Returns, Diversification, Factors, and Being Wrong – Corey Hoffstein
By Investment Moats  •  September 4, 2023
Corey Hoffstein of Newfound Research celebrated his company’s 15th birthday with a “What I have learnt in these 15 years” Tweet storm. You might want to check out my previous notes on how Corey sees his personal portfolio here. You can read the whole Tweet in a post here: 15 Ideas, Frameworks, and Lessons from 15 Years I don’t profess to understand everything, but while the post is cheem, it makes me want to re-read it because:
  1. People have done a lot of hard work, and execution and they distil what works, doesn’t work, or things that are so dangerous in one post.
  2. Most of these posts come across with very simple instructions. Just diversify. Buy the market. But I find that it is important to go just one or two levels down deeper to understand why because we might be making the same mistakes day-to-day.
As I finished reading the post, I realized something else....
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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