Invest
Wise quotes series – II
By Rainbow Coin  •  September 13, 2019
No brain-food articles this weekend but some quotes to chew on...

"As last year’s Berkshire Hathaway shareholder meeting, Warren Buffett said he has owned 400 to 500 stocks during his career, and made most of his money on 10 of them. This is common: a large portion of investing success often comes from a tiny proportion of investments."

If we flipped enough stones, we might eventually learn to identify the 'touch gem'.
If we hold long enough to the 'touch gems', they may eventually become our investing success! (That's when we say it follows Pareto's principle.) If only the touch gem will glow like this
--------------Try to learn as many investing mistakes as possible vicariously through others. Other people have made every mistake in the book. You can learn more from studying the investing failures than the investing greats. Success is a lousy teacher,” Bill Gates once said. “It seduces smart people...
Read the full article
By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance