When evaluating whether to follow a billionaire investor's public statement about a position, you must determine three things: the security being discussed, the sizing of the position (what percentage of their net worth), and the signal or trigger that prompts them to enter and exit the trade.

normativepending

Speaker

Justin Carbono

Evidence Quote

you got to ask what's the security you got to ask yourself what's the sizing and you got to ask yourself what's the signal in this thing

Source

Practical Lessons from Ben CarlsonExcess Returns
Created: 8/11/2026, 7:52:29 AM

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