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”. However, after many years of practical investment experience, I found that I have become more and more in the same view that the key to long-term success of investors … Continue reading “The most important qualifty for an investor is temperament, not intellect”
Category: John Maynard Keynes
I would rather be vaguely right than precisely wrong
Simply Right is important than 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.” quoting the famous saying of the economist John Maynard … Continue reading “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
Too high IQ is not useful in investment, but will hinder
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”
Most investors should invest ETFs tracking broader market
Most investors should invest index ETFs tracking broader market
Most investors should invest index ETFs tracking broader market
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”
The uncertainty in investment
I have mentioned in many places that one of the tips for investing is to increase the probability of things happening. In other words, it can also increase the self-confidence of holding shares, which can increase the probability of investment success. There are two types of uncertainty Professor Naish from the University of Chicago said … Continue reading “The uncertainty in investment”
The most two serious killers to investors: inflation and rate
This article is going to talk about the two most important things affecting investors, inflation and interest rates. Buffett mentioned that investors should pay attention to inflation and interest rates. These two things have a profound impact on investment returns. Although I have written in my blog article “How investors should look at economic trends … Continue reading “The most two serious killers to investors: inflation and rate”
Non-quantitative factors determine success or failure of an investment
Non-quantitative factors determine success or failure of an investment
Non-quantitative factors determine success or failure of an investment
Why concentrated investment?
Why concentrated investment?
Why concentrated investment?