Tuesday, December 27, 2016

Some wisdom to consider....................


......................................for investing (and life its ownself)

The solution to this problem will mean different things to different investors but my broad outline goes like this:
  • Avoid any and all unnecessary or avoidable risks.
  • Always understand your edge, or lack thereof, when investing.
  • Go into the investing process with a heavy dose of self-awareness and humility.
  • Figure out how to make fewer decisions within your portfolio.
  • Avoiding big mistakes is more important than locating big wins with your investments.
  • It’s much easier to be wrong than it is to be right. Very few investors are willing to admit this fact to themselves. This is where you can find your way as an investor.

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