Invest success depends on less chance of making mistakes, For the definition of risk, I think Buffett’s statement is the most appropriate: “the possibility of loss or injury.” (from: BRK Annual Meeting 1994) and “Risk comes from not knowing what you’re doing.”
Category: Investing Concept
Negative message is part of investment
Negative message is part of investment
The importance of circle of competence
Circle of competence. Since Buffett and Munger proposed that investors should pay attention to and limit their investment scope within their own ability circle (in fact, Peter Lin District has also mentioned similar views, interested readers can look at my blog for his book I wrote a brief introduction
Figure out essential things before buy a stock to make sure invest success
At least figure out those things before investing in a business?
Never borrow money, shorting, or derivative products
Don’t borrow money, shorting, or derivative products. In this blog and in my book “The Rules of Super Growth Stocks Investing”, I have repeatedly advised investors not to borrow money to invest, do not shorting, do not invest in derivative investment products such as options or futures
Why concentrated investment?
Why concentrated investment?
Investors should stop worshiping celebrities
Investors should stop worshiping celebrities, A celebrity bought that stock, When discussing and sharing experiences with many investment friends, I most often hear that someone said a celebrity also bought that stock
Great companies are rare, two or three will make you very rich
Good companies are rare, two or three will make you very rich. Take Texas Instruments as an example
Most investors’ problem is concept and psychology, not stock selection
Most investors’ problem is concepts and psychology, not stock selection
How young salary people could get rich by stock?
How young salary people could get rich by stock?