Our Values: Difference between revisions

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Updated Growth Mindset section
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Our Values describe the most important principles for us in the Investmentwiki to work together. They are in short:
Our core Values
* Growth Mindset. We strive to iterate, learn and improve every single day.
* Ownership. We take ownership for our work and follow rigorous standards.
* Transparency. We are transparent as this is the basis for trust and enduring relationships.
* Collective success. We work together to find great investment opportunities and help each other grow.
==Growth Mindset==
We strongly believe in the need to constantly learn and grow in order to excel at any activity. This mean you should


* Strive for excellence. We strive to iterate, learn and improve every single day.
* Choose a field of focus for which you have the deepest passion
* Ownership. We "own" our work, follow high standards and think about the greatest impact we can have.
* Be curious to explore that field in as much depth and detail level as possible
* Transparency. We are transparent as this is the basis for trust and enduring relationships.
* Think about ways to improve how things are currently done
* Community. We form a strong community to be successful together.
* Be willing to experiment and fail
More details of the values in context of the Investmentwiki:
* Reflect on failures and look for key learnings
* Get Feedback and ask for help
* Don't fear criticism or dumb questions
* Prioritize accelerating your learning curve
* Know when others have stronger capability in one area
* Work together with others to leverage each others strength
* Suggest your tested approaches
 
Appliance of the value in the Investmentwiki


==Strive for excellence==
* Choose your areas of expertise and write articles about it
We love to learn and to improve in order to build the most sophisticated investment models the world has ever seen. Adding knowledge to the Wiki is not a one off thing. It is a continuous process that will never stop. Our "knowledge database" will therefore grow evermore sophisticated over time.
* Keep improving your articles
* Invite others to improve your articles
* Improve the articles of others and help to make them better (You don't have to ask. Articles can always be reverted back if the change is not liked)
* Ask others to write an article about their topic of the expertise (If they excel at one topic e.g. writing)
* Contribute to discussions in the Discussion section


The same goes for our Investmentmodels and internal processes which should be continuously tested, challenged and improved.
What we hope to achieve in the Investmentwiki with this method


Every contribution - no matter how little it might be - is appreciated.
* Constant improvements of articles
* Specializations on core strength (Not everyone has to be a good writer or a good any topic. People focus on what they are best at others improve it)
* Increasingly in-depth analysis of topic (e.g. Companies) as people keep adding informations to it and create subpages for more in detail discussions and assessments
* Increasingly sophisticated investment models as people discuss factors, weighings and make improvements to them
* Quality control by the community. Analysis is backtested, challenged, improved. Writing is improved. (It is no shame if your writings get challenged and improved)
* More innovation as people explore ways of doing and improving things and suggest them


If in doubt we prioritize the approach which accelerates our learning curve.
==Ownership==
==Ownership==
Ownership and responsibility is how we take leadership. We "own" our articles, research, processes, goals and are responsible for the outcome of our work. In our ownership sphere we work independently with a constant focus and control on the quality of work. We are thinking about the greatest possible impact we can have and take initiative to make suggestions and improvements to our ownership areas and the project as a whole.
Ownership and responsibility is how we take leadership. We "own" our articles, research, processes, goals and are responsible for the outcome of our work. In our ownership sphere we work independently with a constant focus and control on the quality of work. We are thinking about the greatest possible impact we can have and take initiative to make suggestions and improvements to our ownership areas and the project as a whole.
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If in doubt we speak up.  
If in doubt we speak up.  
==Community==
==Collective success==
We believe that only as a team and large community we will be successful in revolutionizing how investment research is done and achieve our mission of "accelerating innovation and productivity by helping the world to make better investment decisions."
We believe that only as a team and large community we will be successful in revolutionizing how investment research is done and achieve our mission of "accelerating innovation and productivity by helping the world to make better investment decisions."