Hi Guys,
Here is a Link to a rather lengthy but powerful article that presents the author’s view on 17 investment laws he invented:
https://www.collaborativefund.com/blog/the-laws-of-investing/Morgan Housel is an informed writer. This is only a single man’s opinion, but his body of work is impressive. I especially liked his Law 9 which states: “ Big results are driven by tail events, so winning while losing much of the time is normal. “. A few big winners will overwhelm many smaller losing investments.There is much wisdom in that Law as well as many others that he presents.
Although reading the article will cost time, I believe the reward is worth the effort. Just my opinion. Good luck to all.
Best Regards
Comments
Regards,
Ted
The Laws Of Investing
https://www.mutualfundobserver.com/discuss/discussion/51984/morgan-housel-the-laws-of-investing#latest
M*'s The Long View
https://www.mutualfundobserver.com/discuss/discussion/49997/m-the-long-view-guest-morgan-housel-podcast/p1
I hesitated to post anticipating that the referenced work had been acknowledged earlier in this forum. I was right. I should have responded to my initial instincts.
Thank you for again posting these earlier references. You unfailingly remember and remember accurately. We need that historical perspective. Knowing the past is a big help when investing in the uncertain and unpredictable future. Keep up the good fight. I will too.
Best Wishes
I believe I'll try to begin this new phase.
Tis much easier to merely read.
@catch22, I see it just the opposite, post away. Comments on re-posts are silly and should be ignored.