// Investor Discipline · Behavioural Finance

Perspectives on when to hold,
and when to exit.

Long-form writing on portfolio discipline, investor behaviour, and the evidence-based investing framework that Stockport is built on.

// LATEST_INSIGHTS STOCKPORT.APP
// EXIT DISCIPLINE The exit conditions framework // CONVICTION What real conviction actually looks like // CALCULATOR GUIDE TWRR vs XIRR: what the gap means

Exit & Selling

// 4 ARTICLES
// Exit Discipline

The Exit Conditions Framework: How to Know When a Stock Is No Longer a Hold

Pre-written business triggers, not price targets. Three categories of exit condition, written before you buy.

// 11 MIN READ Read →
// Thesis Drift

The Stock Hasn't Changed. Your Story About It Has.

Five signs that you've stopped analysing a position and started rationalising it — and how to tell the difference.

// 10 MIN READ Read →
// Exit Strategy

Every Exit Framework You've Read Was Written for Someone Else

Stop-losses and price targets were built for traders. Here's the exit logic that fits a thesis-backed position.

// 8 MIN READ Read →
// Active Holding

Holding Is Not the Absence of a Decision

Holding isn't the absence of a decision. It's a decision made every quarter — by evidence or by default.

// 8 MIN READ Read →

Conviction & Sizing

// 4 ARTICLES
// Conviction

Conviction Is Not How Strongly You Feel About a Stock

Conviction isn't a feeling. It's a thesis, KPIs, exit conditions, and a position size that follows from them.

// 14 MIN READ Read →
// Conviction

The Thesis That Survived Everything

A thesis that nothing can break is not a thesis — it's a theme. How to make one falsifiable: name the mechanism, derive the KPIs, write the failure mode.

// 9 MIN READ Read →
// Position Sizing

Before You Size a Position, Answer These Four Questions

Four questions that reveal whether conviction is real — before you commit a rupee of capital.

// 9 MIN READ Read →
// Position Sizing

I Was Right About the Stock. My Portfolio Didn't Care.

A stock that ran 5x while the position was sized like a guess. Why the right call still failed the portfolio.

// 6 MIN READ Read →
// New Essays

One piece a month.
On discipline, not tips.

No market commentary. No stock calls. Just long-form thinking on what makes investors hold their winners and cut their losers — when it's hardest to do both.

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