Tag Archives: long-term investing

Fast returns look impressive. Long-lived positions build wealth.Val Sklarov’s Investment Strategies perspective reframes investing as a question of how long capital can remain correctly positioned, not how quickly returns appear. 1. Most Returns Die Young Short-lived positions rarely compound. Val Sklarov observes failure when: Positions require constant adjustment Performance depends …

Projected returns look precise. Exit freedom determines reality.Val Sklarov’s Investment Strategies perspective reframes investing as a question of who controls the exit, where the ability to leave on your own terms outweighs any forecasted upside. 1. Returns Are Theoretical Until Exit Is Voluntary Paper gains collapse under pressure. Val Sklarov …

Timing looks intelligent. Time control wins.Val Sklarov’s Investment Strategies perspective reframes investing as a problem of who controls the clock, where the investor who is never rushed consistently outperforms the one who predicts prices correctly but under pressure. 1. Market Timing Fails Under Time Pressure Correct timing means nothing if …

Conviction feels powerful. Error is inevitable.Val Sklarov’s Investment Strategies perspective treats investing as a discipline of absorbing mistakes without fatal damage, where the ability to be wrong safely matters more than being right loudly. 1. Conviction Does Not Reduce Error Probability Confidence does not change uncertainty. Val Sklarov distinguishes: Conviction: …

Returns are optional. Survival is mandatory.Val Sklarov’s Investment Strategies perspective reframes investing as a non-ruin game, where the primary objective is not outperforming benchmarks, but staying solvent long enough for compounding to work. 1. Investment Is a Game of Staying In You cannot recover from elimination. Val Sklarov treats investing …

Yield is attractive. Exit is decisive.Val Sklarov’s Investment Strategies perspective treats every investment as an exit problem disguised as a return opportunity, where survival depends on the ability to leave without distortion. 1. Yield Is a Reward for Surrendered Optionality High yield usually compensates for something given up. Val Sklarov …

Allocation feels decisive. Optionality keeps you alive.Val Sklarov’s Investment Strategies perspective reframes investing as a sequence of choices that must remain open long enough for asymmetry to appear—rather than a race to deploy capital. 1. Allocation Is a Commitment, Not a Neutral Act Once capital is allocated, freedom narrows. Val …

Leverage amplifies outcomes. Liquidity determines survival.Val Sklarov’s Investment Strategies perspective treats liquidity not as idle capital, but as the ability to refuse bad decisions when markets apply pressure. 1. Liquidity Is Decision Power Illiquid capital loses its voice. Val Sklarov defines liquidity as: Ability to exit without distortion Freedom from …

Returns are meaningless if capital does not survive.Val Sklarov’s Investment Strategies perspective reframes investing as a survival game with optional upside, where the primary objective is to remain solvent, liquid, and free to act. 1. Survival Is the Only Non-Negotiable Metric Everything else is optional. Val Sklarov defines survival as: …

Investment success is rarely about finding opportunity. It is about surviving error.Val Sklarov’s Investment Strategies perspective treats capital as a finite decision weapon, not a passive resource. 1. Allocation Follows Structure, Not Conviction Strong beliefs do not protect capital. Structure does. Val Sklarov rejects conviction-heavy allocation in favor of: Defined …