Do You Have Conviction and Discipline?

Today’s great VC blog post once again comes from Fred Wilson and is titled Conviction and DisciplineHaving made a lot of investing mistakes in 1999 and 2000, I learned this lesson many times over.  It’s also consistent with the Fantastic Notes from an Interview with Warren Buffett that I posted on Feld Thoughts earlier this morning.

  • Buffett, from the very interview you linked: “I’m not disciplined.” I don't think it's a typo – I think he means simply that he's not subject to Fred Wilson's longing to “pull the trigger on a new investment every month”. Fun contrast.