Thread on John Armitage, founder of Everton Capital (1/n):

30% hurdle rate
You don’t need to be an alpha male or genius to become a billionaire. “What we do here is a cookie-cutter skill. It can be taught.” (2/n)
Crazy to say it but this seems to be a contrarian take these days. (3/n)
He doesn’t blindly buy the best company of a group, which also seems to be contrarian today. (4/n)
His hobby is reading annual reports. I think I saw this take get scolded on fintwit a couple days ago - maybe John is lurking here? (5/n)
He doesn’t care about errors of omission. (6/n)
He didn’t immediately enjoy investing.

Be so good people beg you to start your own fund. (7/n)
If Buffett said these quotes they’d be printed in 20 different languages (8/n)
Why investors sell too soon (9/n)
Do your own work. (10/fin)
And by Everton I meant Egerton, thanks autocorrect
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