“If you are in the investment business and have an IQ of 150, sell 30 points to someone else. You do have to have an emotional stability and an inner peace about your decisions.” – Warren BuffettWithout a set of guiding principles, it’s easy to get lost among all the noise — you’ll get easily swayed by the opinions of others; you’ll buy on excitement and sell on fear; you’ll make bigger bets after a run of good luck, only to lose everything and start back at square one. Remember, being a successful investor is not ......
Do you want to be a successful investor? Well, good news! You don’t need a superior intellect, be a math genius, or possess a CFA to be one. However, what you do need is a level of emotional stability and a set of key principles to guide your decisions. Like Buffett said…