The main investment principles of successful investors are similar. Buffett once lamented that “There seems to be some perverse human characteristic that likes to make easy things difficult.” I personally think that this is also the biggest investment defect committed by most investors (especially younger investors). I wrote at the beginning of 1-1 in my book
Category: Investing Psychology
There are ways to invest successfully, but there can be no formulas
This post will repeatedly quote the words in my book “The Rules of Super Growth Stocks Investing”, and the words in the book referred to are my book. Stock invesment is an art In section 1-1 of the book, at the beginning I have the following paragraph: stock investment is an art, not a science, … Continue reading “There are ways to invest successfully, but there can be no formulas”
Misunderstanding of price and value
Misunderstanding of price and value. The difference between price and value is the first lesson for all investors. As I said in section 5-2 of the book “The Rules of Super Growth Stocks Investing”, most people incline to buy penny stocks, thinking that low-priced stocks have more room to rise in the future and are less risky. In fact, the risk is relatively high.
The knowledge required for investment is breadth, not depth as most people think
Why most engineers can’t get rich by investing? Have you ever thought about why technology stocks have soared almost every year in the past few decades, which is the fundamental force driving the rise of US stocks. Technological engineers who know a particular field very well are like the crucian carp, but most of the … Continue reading “The knowledge required for investment is breadth, not depth as most people think”
What should a investment philosophy include?
I found that investment books and media in Taiwan like to use the four words “investment method of mentality”. Mainland China, Hong Kong, or the United States are not like Taiwan. The media like to explore the “investment method of mentality” of successful investors. . However, I personally always think that Taiwan’s translation or use … Continue reading “What should a investment philosophy include?”
No fear of miss out a great company
No fear of miss out a good company, FOMO
Don’t become the cancer of modern society – trolls and haters
I have never concealed my aversion to trolls and haters. They have a negative influence on our society, even to the extent of poisoning. The most terrifying thing is that his influence on our world has deteriorated due to the development of the internet community, but we are immersed in it every day without knowing … Continue reading “Don’t become the cancer of modern society – trolls and haters”
After investing loss, the disgusting behavior
Disgusting behavior after investing loss. A few days ago, I heard a host reveal that a female financial anchor recently complaints (this makes me recommend you to read my other general article “Investors should stop worshiping celebrities”) ;
Investment concept not worth trying at all
Investment concept not worth trying at all
Invest success depends on less chance of making mistakes
Risk depends on the probability of making a mistake 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.” In order to accumulate wealth, you have to take risks; and risk often … Continue reading “Invest success depends on less chance of making mistakes”