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.
Outliers – 10000 hours, statistics can be deceiving
Patience, an indispensable element of investment success
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.
How difficult to be out of the ordinary, We begin this article with a famous quote from Mark Twain: “Whenever you find yourself on the side of the majority, it is time to reform, pause or reflect.” This is even more true in the stock market.
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.”
Most investors’ problem is concepts and psychology, not stock selection