Saturday, August 27, 2011

Going on vacation

I am off to my honeymoon for the next two weeks. These two weeks, I will disconnect from the Internet and the noisy world of finance.

The benefits of doing this, you ask?

  1. I get to relax and unwind. Vacation involves vacating the mind. What better way to do that than cut off the noise entirely.
  2. Maybe, when I return the market would be even cheaper, and I get to average down or buy into new positions, at significant discounts to intrinsic value. I am comfortable with my portfolio and I can sleep at nights without thinking about it. I think it isn't much of a stretch to be able to sleep for 14 nights without thinking about it.
  3. In times of market turmoil, I am naturally drawn to the market noise. This can lead me to make emotionally drawn decisions, which is something I wish to avoid. Explicitly disconnecting from the world is a good way to reiterate to myself that changing ticker prices from minute to minute don't matter.
I suspect that if there is a big enough shakeup in the market, the news will find me.