The most serious and most capable of changing statistical results is preconceived ideas “Shoot before set target”────because statistics and market surveys belong to more fields of non-science, and the mathematics and statistics involved in the middle are just tools . It is people who report and interpret in the end; as long as there are people, there will be prejudice.
Category: Successful Investor Traits
Checklist to see if your return on investment is good or not?
This article is a checklist I have created. I hope investors will ask themselves and be honest with themselves. This article is intended to help investors self-examine whether their return on investment is good or not.
The crowd tend to lose their judgment and get lost
People get lost in market: Seeing is believing NOT exist in market, Markets are not rational, Academic hypothesis not refect the fact.
Complicated math is not a prerequisite in stock investing
Most people has a myth, complicated math play a key role to invest successful. Peter Lynch said “All the math you need in the stock market you get in the fourth grade.”
Andy Lin’s long-term investment experience sharing
Andy Lin’s long-term investment experience sharing: Rarely trade, Concentrated investment, Investor rewards, Great companies are rare, The power of compound interest, Patience payoff, Simple is truth
Charlie Munger, a great investor worth remembering
Buffett said: “Because Munger… made me go from an orangutan to a human being, if I didn’t know him, I would be much poorer than I am now!” Buffett said in a statement on Charlie Munger’s death: “Without Charlie’s inspiration, wisdom and Without participation, Berkshire would not be where it is today.”
Investing is a game of chance
There is a 60% chance of stock investing success in the long run
People who are good at deferred gratification is more likely to succeed
More freedom is worth for who are deferred gratification, self-control cannot be achieved simply by persisting or saying “no”, but by changing our way of thinking, and this thinking mode is “deferred gratification”
Why is stock investment a better way to manage money?
This article will tell you from the most vernacular and ordinary people’s point of view, using the most concise reasons: why stock investment is the better way of financial management for modern people?
How big a factor does luck play in investment success?
Luck does play an important role in success, but it is definitely not the most critical or important “determining” factor – this is the reason for whether a person can be successful in life.