ON MIKE’S MIND
After years of early tee times, chilly mornings, and enough lost balls to fill a lake… it finally happened. I hit my first hole-in-one at Grandfather Golf and Country Club!
Only 1 in 12,000 amateurs ever manage it, and somehow, I found the cup. One swing, one bounce, one unforgettable moment.
It’s proof that commitment, consistency, and a little joy go a long way.
And now that I think of it, golf and investing have the same goal: fewer strokes, more green.
- Mike
THE MARKETS
Hope for progress in Ukraine helped push stocks forward on some fresh optimism
S&P 500: +0.95%, DJI: +1.66%, NASDAQ Composite: +0.96%
Despite the newest inflation data being high, weak payrolls reports are pointing towards increased odds of a September cut
The 2-year fell 1 basis point to 3.76, while the 10-year rose 3 basis points to 4.32
BTC: +0.56%, ETH: +2.46%, XRP: -4.20%
GOT SOMETHING COOL IN THE WORKS?
A project you're building? A young company you’re supporting? An idea you're exploring? A wild investment thesis you can't stop thinking about?
We want to hear from YOU. Shoot us an email at cw@coinvestorclub.com —
We’re always looking to feature the best and brightest in the Co/Investor Club. We’ve got some serious investment intelligence within our ranks.
Share it.
WISE WORDS
Reflections on the Week
In the investing world, the temptation to pivot is constant. It often creeps in quietly, major crypto gains, the S&P and NASDAQ surging, or watching that microcap you shunned up 15x. Sometimes I sit here and wonder: “Should I be doing something different?”
It’s a question we’ve heard more and more lately. Investors, some quite experienced, are second-guessing their strategy not because it’s broken, but because someone else’s seems faster, shinier, or more rewarding in the short term. A common refrain we’re hearing: “Maybe I should just throw it all into the S&P 500 and call it a day.”
Now, to be clear, there’s nothing inherently wrong with the S&P 500. For many portfolios, especially those prioritizing simplicity, low cost, and long-term market exposure, it’s a perfectly rational core holding. But for those with a diversified, intentional, and well-constructed strategy, chasing performance often introduces more risk than reward.
The truth is, investing is less about finding the perfect wave and more about staying on the board.
Changing your entire allocation or abandoning a thoughtfully designed strategy in response to recent market performance is like ripping up your marathon training plan because your neighbor ran a faster 5K. The goals are different. The terrain is different. The pace and process should be different, too.
This is why staying the course isn’t passive, it’s a discipline. And it requires something many investors underestimate: conviction.
Conviction isn’t about being stubborn. It’s about having done the work upfront to understand why your portfolio is structured the way it is. It’s about knowing how each piece fits into your broader financial life, your goals, your time horizon, your appetite for volatility. It’s about tuning out the noise long enough to remember what the signal sounds like.
That doesn’t mean you never adjust. Strategies evolve. Life changes. Rebalancing, tax-loss harvesting, shifting risk as you age, these are all part of a dynamic, responsive investment philosophy. But reactionary overhaul based on FOMO or short-term headlines? That’s how strategies unravel.
So if you’re feeling like you’ve fallen behind, take a breath. Review your goals. Revisit your plan. Ask whether the strategy is misaligned with your needs, or just out of step with this week’s winners. There’s a difference. Remember that there is value in not being totally aligned to the whims of Mr. Market.
Investing isn’t about keeping up with someone else. It’s about showing up for yourself, consistently, even when the market tests your patience.
Stay the course. That’s where compounding lives.
The Savvy Investor…
The Calculus of Value - A Fresh Memo from Oaktree Capital
Could Hazelnuts be the next Pistachios?
If you have not already upgraded your membership…
Chat with Mike
Whether you’re an executive with investment opportunities or a college student looking to network, we would love to chat with you! Email our Founder, Mike Pruitt, at mp@coinvestorclub.com with questions and ideas or schedule a meeting.
Don’t forget to follow us on social media too!
LinkedIn: Co/Investor Club
For our disclaimer, please visit our website.
Have friends that want to join? The Co/Report is public, so feel free to share!
Thank you for reading. Co/Report grows through word of mouth. Please consider sharing this post with someone who might appreciate it.
