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This is a terrific article that nicely summarizes many valuable investor learned lessons. Please take time to access and read it. It is well worth the effort.
Here is a reference to an earlier article by the same author. It too provides a listing of mistakes to avoid. Give it a look-see:
Author Insola emphasizes the very general 80/20 rule. In this application, he claims that 20 % of the investing population will believe just about any exaggerated claim. I suspect the real number is actually much higher. We are gullible and anxious victims when the promise of easy money is offered.
Comments
This is a terrific article that nicely summarizes many valuable investor learned lessons. Please take time to access and read it. It is well worth the effort.
Here is a reference to an earlier article by the same author. It too provides a listing of mistakes to avoid. Give it a look-see:
http://tonyisola.com/2016/08/lies-investors-believe/
Author Insola emphasizes the very general 80/20 rule. In this application, he claims that 20 % of the investing population will believe just about any exaggerated claim. I suspect the real number is actually much higher. We are gullible and anxious victims when the promise of easy money is offered.
Best Wishes.