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.”
Category: John Maynard Keynes
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.
Why most investors should invest ETFs tracking broad market??
Most investors should invest index ETFs tracking broader market
Investment knowledge required is breadth, not depth as most people think
Investment knowledge required is breadth, not depth as most people think. Why most engineers can’t get rich by investing?
The uncertainty in investment
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.
Tax, inflation and rate are the top three serious killers to investors
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. People overemphasize the importance of science and numbers in investment, as I mentioned in the book “The Rules of Super Growth Stocks Investing”, section 1-1. Investment is a not a science but an art in the economic field under sociology, which is more related to humanities
Why concentrated investment?
Why concentrated investment?
How to research successful investment masters?
How to research successful investment masters? Reading biographies of great or successful people is one of the most effective ways for us to succeed in the future. Everyone knows that when reading biographies, we hope to explore the real reasons behind their success, not the story itself (this is the result). There is no difference in investment.