Just For Thinking ....
Be honest with yourself!
Are you doing
more of ...
Right and Hold
or
Wrong and Hold
Both methods are commonly used as long-term investing strategy if you are long only retail investors.
By
Morgan Housel
"How can I become a great investor?"
That's probably the most common question we get from Motley Fool readers.
But for most investors, especially beginners, it's the wrong question
to ask. Most investors underperform the market. When that's the case,
how to become a great investor isn't what's important; becoming a less-bad investor should be the goal. The difference is subtle, but important. Economist Erik Falkenstein explains:
In expert tennis, 80% of the points are won, while in amateur tennis,
80% are lost. The same is true for wrestling, chess, and investing:
Beginners should focus on avoiding ...
...
