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
Category: Patience
Investing is a game of chance
There is a 60% chance of stock investing success in the long run
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?
No-brainer investment’s requirements and mentality
As I said in “Not allow or do not want to spend time on stocks?” As mentioned in the article, any no-brainer investment method must meet the following two simple requirements
The Compound Effect
Success is not based on luck, but a science.
Any success is the consequence of the compound effect
Sloth is a great virtue in stock investment
A certain type of sloth is necessary. The biggest enemy of retail investors is over-trading.
Personality has a decisive impact on investment success or failure
Personality determines the success or failure of investment. If you don’t know who you are, the stock market is an expensive place to find out.
Two or three stocks in your life can make you very rich
Two or three stocks in your lifetime can make you very rich. Excellent companies will still be excellent companies three to five years later. However, most people do not agree with this statement. They always think that the stock prices of excellent companies are always high, and this perception is not wrong. But investors always miss the forest for the trees, mistaking price for value and misplacing cause and effect.
Investing is not voting
Investing is not voting, mentioned the phrase “investing is not voting” in three places in my book “The Rules of Super Growth Stocks Investing”: 1-5, 5-4, and postscript.
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.