UNDER-PERFORMANCE
‘Nothing works all the time.’
LIQUIDITY
‘You can drown in an absence of liquidity.’
UNCONVENTIONAL
‘Conventional is not conservative & vice versa.’
LOSSES
‘Manage loss.’
SEEK ASYMMETRY
‘Asymmetry’s beautiful in investing.’
TUTORIALS 71-75 RECAP
CHECKLISTS
‘Develop an investment checklist.’
TEST IDEAS
‘Challenge your ideas and assumptions - fight dogma.’
ALTERNATE SCENARIOS
‘Consider alternate scenarios.’
INVERTED THINKING
‘Inversion provides insight.’
THE IMITATION GAME
‘Imitation - the sincerest form of profitability?’
TUTORIALS 76-80 RECAP