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Comments on the Military and Business Ownership...
“Discipline. Trading and portfolio management is much like close order drill, rifle range, and real combat. Close order drill with a rifle has a purpose: to instill instant response to orders. It's a lot like the process of developing a decision-making systems for investment management. You learn the drills, you practice firing it down the range, but what you do in the heat of the battle is all that matters. Investment managers with an edge are trigger-pullers. We are able to execute, discipline.”
Mike Shell
Shell Capital Management, LLC
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