1/9 I have noticed a counterintuitive benefit from sharing my portfolio publicly. This isn't call for you to share your portfolio publicly; I'm aware it is not feasible/rational for many out there.
I'm just explaining how I think it helps *me*.
2/9 Before talking about the benefit, let me briefly mention the potential negative.
Well, the negative is probably obvious. Sharing my portfolio publicly may create a commitment bias. It's hard to change your mind once you propagate all the bullish pov on stocks you own.
3/9 There is truth to that, especially since I say I intend to be long-term investor.
It would create a cognitive dissonance if I get in and out of stocks every few months and yet claim myself long-term oriented simultaneously. So I kinda have to remain invested unless...
4/9 ...I think I've compelling reasons to sell.
While that sounds like a lot of negatives, I'm increasingly thinking the opposite.
If in 30 years I discover my return severely lagging the index, I already know who the culprit is. It isn't Fed, Xi, or any US President. It's me.
5/9 Essentially, I need to save my portfolio from my own worst tendencies.
Not having the option to flipping stocks every other month is likely to work in favor of my eventual goal of long-term ownership of great businesses.