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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Michael Girdley‏ @mgirdley Apr 26
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      Optimal default strategy: “Ride your winners. Cut your losers quickly.” Right or wrong?

      3 replies 0 retweets 5 likes
    2. David Orr‏ @orrdavid Apr 26
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      Replying to @mgirdley

      For most, this is a good way to avoid most fatal mental traps. It's not optimal if a person can just overcome the mental traps.

      1 reply 0 retweets 2 likes
    3. Michael Girdley‏ @mgirdley Apr 26
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      Replying to @orrdavid

      Which traps come to mind? Usual suspect cognitive biases?

      2 replies 0 retweets 3 likes
    4. Molson Hart‏ @Molson_Hart Apr 26
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      Replying to @mgirdley @orrdavid

      you guys might be talking about different things. lines of business and skus =/= stocks

      1 reply 0 retweets 3 likes
    5. Michael Girdley‏ @mgirdley Apr 26
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      Replying to @Molson_Hart @orrdavid

      Perhaps! I was definitely doing more generally than just public equities!

      1 reply 0 retweets 2 likes
    6. David Orr‏ @orrdavid Apr 26
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      Replying to @mgirdley @Molson_Hart

      I think this applies to many things.

      1 reply 0 retweets 1 like
      Molson Hart‏ @Molson_Hart Apr 26
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      Replying to @orrdavid @mgirdley

      It does but it's different. Like if you found a new line of business and it doesn't do what you hoped, it doesn't get cheaper like a stock does when it moves against you.

      4:18 PM - 26 Apr 2020
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