Uncle8888 wrote this in ..
Sunday, 2 September 2012
Pareto Principle ~ “20% of the effort generates 80% of the results.”
Market Timing vs. Time in Market???
Fundamental vs. Technical Analysis?
Short-term Trading vs. Long-term Investing???
For long-term investors, we should be observing Pareto’s Principle.
80% patiently waiting for Market Timing and then spend 80% Time in Market with 20% of our effort will generate 80% of the results.
And then we spend another 80% market timing for next cycle.
this principle applies, but it is an outcome. It cannot be use as a strategy.
Since every investment before u press the buy button is ur top priority. If u have 5 stocks, u cannot say my priority is only …