Andy Lin's Long-term Stock Investment Blog

Information investors need should be important and knowable

Buffett pointed out that “for a piece of information to be worth pursuing, it should be important and knowable.”

Richer, Wiser, Happier

Richer, Wiser, Happier. You may have read a lot of reviews of this book “Richer, Wiser, Happier”, but I’m going to talk about this book in a different way and from a different perspective.

The most important qualifty for an investor is temperament, not intellect

The most important qualifty for an investor is temperament, not intellect. I must admit that when I was young, I had doubts about the view of “The most important qualifty for an investor is temperament, not intellect”.

I would rather be vaguely right than precisely wrong

I would rather be vaguely right than precisely wrong. Warren Buffett saying quoted in The Warren Buffett Way by Robert G. Hagstrom, Wiley, November 4, 1994. Buffett admits, for the simple reason that calculating future capital expenditures often requires rough estimates “I would rather be vaguely right than precisely wrong.”

Too high IQ is not useful in investment, but will hinder

Too high IQ is not useful in investment, but will hinder-because “Most people don’t want to admit that they’re not very smart, they just think they’re smart.”

Investing has no formulas, but there are ways to invest successfully

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.