故兵闻拙速，未睹巧之久也。
Investment Interpretation
This principle emphasizes that in investing, taking decisive and disciplined action often delivers better results than waiting for “perfect” conditions or overanalyzing. Opportunities in the market are fleeting—hesitation can lead to missed gains, while reckless haste can cause losses. The balance of speed and discipline ensures that decisions are both timely and well-founded.
Key insights:
- Markets reward those who act decisively when opportunity arises.
- Speed without discipline leads to errors; discipline without speed leads to missed opportunities.
- Consistently successful investors are able to act quickly while adhering to a rigorous analytical framework.
Investment Application
Million Leaf applies this principle through structured, timely decision-making:
- Preparedness Enables Speed
- Conduct research, valuation, and risk assessment in advance so that opportunities can be acted upon immediately.
- Maintain ready-to-execute investment plans aligned with pre-defined criteria.
- Structured Decision Framework
- Use investment checklists and scoring systems to quickly evaluate opportunities against core principles.
- Ensure that speed does not compromise the rigor of fundamental analysis.
- Opportunistic Execution
- Monitor market signals, sentiment, and valuation triggers to identify actionable entry points.
- Move decisively when conditions align with strategy and margin of safety requirements.
- Continuous Review and Adjustment
- Post-investment, assess outcomes and refine processes to improve future decision-making speed and accuracy.
- Avoid analysis paralysis by balancing monitoring with action.
- Risk-Conscious Agility
- Maintain disciplined risk limits and portfolio allocation rules while executing rapidly.
- Ensure that speed does not override risk management or capital preservation.
Summary
By combining speed with discipline, Million Leaf captures opportunities effectively while controlling risk. Decisive, well-prepared actions consistently outperform delayed perfection in a dynamic market environment.
Million Leaf 