Things can be simplified into frameworks. Investing is no different.

Sins of Omission

While the S&P returned in excess of 20% this year and Nasdaq above 30%, there were some standout performers that were on my radar but I did not pull the trigger - omission. These names are (w YTD% returns)

1. Palantir +380%

2. Spotify +146%

3. Bitcoin +133%

One may ask why didn’t I hop on some of these bandwagons if I were monitoring them, I have a few reasons including but not limited to the following - I) Inability to understand the business model (palantir), II) Not tracking the changing environment where the cash flows have turned positive, III) Not willing to partake in speculative assets (crypto) though that narrative has since changed as bitcoin became digital gold (and an arguably better store of wealth) in the institutional mind. And IV) Simply limited capital as my positions have largely been laid out