There are two types of investing, according to the departing partner of hugely successful and secretive hedge fund Baupost Group: "needle in a haystack investing" and "tide comes in and tide goes out investing."
One type takes rigorous work as you search for a small number of opportunities. The other, "chutzpah."
As a fisherman, Uncle8888 has the necessary patience for this type of investing - "tide comes in and tide goes out investing."
Less Analyzing. More Investing - CW8888
Many financial and investment bloggers love "needle in a haystack investing"
More analyzing. Less Investing (i.e. less turnovers will mean more right analysis)
Read? A letter gives a rare glimpse into one of the world's most secretive — and most successful — hedge funds