Peter Lake (“world’s anonymous singer songwriter”)

“Between the idea and the reality… falls the shadow.” (T.S. Eliot) “Vision without execution is hallucination..” (Thomas Edison) — This concept applies to investing for me. On X and reading threads: I find the conversations center on technique, valuation, which is like driving using a rearview mirror. But not the source that produces the financials….then business logic.That is qualitatively, often enough, but when measured produces numbers. Does that make sense? No matter, different strokes for different folks. Have a nice weekend!

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