The path of least resistance for building wealth: own quality growth companies in Stage 2 uptrends. Simple, but it works.

Shorting is tough. Perma-bears might sound smart at cocktail parties, but their track records rarely justify the noise. Markets trend up over time — fighting that is expensive.

I've managed money through multiple cycles. The winners who compound capital stick with quality growth, size positions properly, and ride the trends. The ones who constantly fight the tape? They burn energy and capital.

Stay disciplined. Buy quality. Let winners run.