Josh Tarasoff

15 quotes2 research pieces2 downloadable PDFs

Quotes(15)

Avoiding permanent loss is more important than maximizing returns.
Source:Investor Letters (Long-Term Value Focus)
Compounding works best when capital survives.
Source:Investor Letters (Long-Term Value Focus)
You don’t need brilliance — you need discipline.
Source:Investor Letters (Long-Term Value Focus)
Risk is what happens when expectations fail.
Source:Downside-First Capital Allocation
If you protect the downside, the upside will take care of itself.
Source:Downside-First Capital Allocation
The absence of loss is a powerful return.
Source:Downside-First Capital Allocation
The hardest part of investing is doing nothing.
Source:Patience & Low Portfolio Turnover
Most mistakes come from action, not inaction
Source:Patience & Low Portfolio Turnover
Waiting is a skill.
Source:Patience & Low Portfolio Turnover
Cheap assets without quality are traps.
Source:Business Quality Over Valuation Alone
A strong business reduces the need for precision.
Source:Business Quality Over Valuation Alone
Valuation matters — but survival matters more.
Source:Business Quality Over Valuation Alone
Consensus is rarely where excess returns come from.
Source:Independent Thinking
If everyone agrees, the price already reflects it.
Source:Independent Thinking
Independent thought is uncomfortable — that’s why it works.
Source:Independent Thinking

Research & Reading(2)

Greenlea Lane Capital

Lessons From My First Dozen Years

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