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I NEVER Average Down. Maybe You Shouldn’t Either.

The typical thinking of investors, when confronted with an equity that has fallen in price, is to deem that company to be an even greater bargain than when it was initially acquired. “If a company X has declined price by

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Gnostic Capital Portfolio Return for the Quarter and Year Ended 31/12/24.

The 4th quarter of 2024 continued to be positive for major market indexes. The Dow Jones Industrial Average advanced by 1/2 of 1% in Q4. The S&P 500 grew by 2.1% in Q4 and the NASDAQ 100 increased by 6.2%

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My Single Greatest Investment Mistake.

…”In closing, I look forward to future communication with a FELLOW VALUE INVESTOR“. More than a decade back, I penned an article indicating my decision to forever abandon “value investing”. The choice was made upon a preponderance of real world

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“Lithium-ion Batteries Have Ruled for Decades. Now They Have a Challenger.”

https://www.washingtonpost.com/climate-solutions/2024/11/03/sodium-ion-batteries-sustainable-alternative/ There are readily identifiable runways supporting wide-scale adoption of sodium-ion battery technology. 56% of the global population is urban. That percentage is growing, not declining. The typical American commuter drives an average of just 41 miles per day round-trip.

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The First Rule of Gnostic Capital…

For much of August and September, I typically hand scythe nitrogen/carbon on an organic property in the middle of nowhere. On a farm purchase, I discovered an Austrian grass scythe a while back. It is durable and has no moving

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