Part 9/12:
Relying solely on external opinions is risky. Developing your own valuation framework based on assumptions keeps your investment decisions logical and grounded, preventing emotional reactions during market swings.
18. Following Only Positive Tesla News Sources
Balance is vital. Seek out skeptics or bear perspectives to challenge your conviction. This broader viewpoint prevents confirmation bias and refines your thesis.
19. Following Short-Term Focused Fund Managers
Many fund managers prioritize short-term gains, which may lead to conflicting advice for long-term investors. Seek those with a long-term vision—such as Ron Baron—to align your strategy.