Sublime

As we discussed in the previous chapter, investing in angel syndicates is a wildly effective hack as you start your angel investing journey. Every month, dozens of startups are syndicated on AngelList, SeedInvest, and Funders Club. As an angel investor, you are going to need to invest in fifty startups (diversification!) in Silicon Valley (location

Moi, je consacre 10 % de mon portefeuille à des actions « sympas », comme des parts dans des sociétés que j’apprécie, connais et utilise (des entreprises comme Amazon, très attachées au service client, ce qui, j’en suis persuadé, se transmet aux actionnaires) ; à des fonds sectoriels de certaines industries (je possède un fonds indiciel spécialisé

We never salivated for the last dollar in a major move (i.e., the oil stocks). Instead, we tried to take stocks from undervalued to fairly valued. We left "greater-fool" investing to others.

Windsor was never fancy, fad-driven, or resigned to market performance. We followed one durable investment style whether the market was up, down, or indifferent. These were its principal elements:• Low price-earnings (p/e) ratio.• Fundamental growth in excess of 7 percent.• Yield protection (and enhancement, in most cases).• Superior relationship o

Perhaps the best way to develop your reputation as a value-adding investor for startups is to add value to startups. Brian Cohen is now a well-known angel investor (he was the first angel to discover Pinterest), but his initial steps into the field were as a pro-bono advisor. When he first joined New York Angels, he offered to help any of the group

The basic investment process is simple: Analyze the company and value the stock. If you avoid the mistake of confusing a great company with a great investment—and the two can be very different—you’ll already be ahead of many of your investing peers.