Principles of the Top Hat Crew
These principles are but a loose interpretation of real Buddhism principles. Buddha himself wouldn’t have cared for money and even less for making it. Still i think Buddhism is a great base, both for life as well as investing.
Below you can see our investment principles, requirements that we apply for stocks can be found on the requirement page.
Life is suffering always expect it. Stocks will drop.
If stocks turn against our principles, we cut them. Price action is not really one of our requirements. Loosing money in the short-term is okay.
That’s the goal in life and investing. Karma is a good start, provide a good / invest in good.
Take time to look over the positions and do some research where needed.
Always be objective, don’t stray away from the principles.
Stay away from the “news”, drama and people trying to predict the market. We only focus on our principles.
Lets not be too greedy. Nothing wrong with small investments, its both safe and sustainable in the long run.
Good things come to those who wait. Our investing strategy is passive enough to not make impulsive decisions. No FOMO here, we don’t mind ‘missing the boat’ sometimes.
We will live frugally and always keep our war chest filled up, ready to invest.
We don’t need much, we can even survive if we are poor (again). We don’t need fancy cars, fancy houses or even fancy food.
When things go good, we expect things to go bad
When things are bad, we expect things can go good
That doesn’t mean we don’t invest, it just means that when we do and it goes down it just gives us even more opportunity now.
We just stop caring about the money aspect that much. If our basics are true, we have less fear and less emotions about investing.
Some of the main requirements for stocks we will be investing and trading in.
No CEOs that always exaggerate, downplay bad numbers, lie, … we are not interested in providing money to scammers.
Non-harmful companies: No war, meat, tobacco, alcohol… companies
Makes money by providing good in the world.
Companies that are ran well, don’t implement buzz words and follow hypes to temporarily increase stock price or commit fraud to save some money. Its okay if the are less profitable as long as they tried to do a good thing.
Companies that made mistakes but truly show regret and are applying change.
Buddha would just let bad things go, I still think it could be a good exercise.
Look for competitors of bad companies.
In extreme cases, get in short positions of bad companies.
