Mistake
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Investment Mistake

Investment Mistake #1: Don’t Place Excessive Trust in “Experts” Everybody has a conflict of interest with your wealth except you. Investment institutions manage your money so they can charge fees, and financial advisors sell you products so they can earn commissions. Similarly, the investment media seeks to maximize subscription and advertising revenue thus biasing editorial policy toward sizzle […]

Richard Feynman
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Investment Secrets of Richard Feynman

It is, of course, irritating that extra care in thinking is not all good but actually introduces extra error. But most good things have undesired “side effects,” and thinking is no exception. The best defense is that of the best physicists, who systematically criticize themselves to an extreme degree, using a mindset described by Nobel […]

cycles
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CYCLE POSITIONING

Cycle positioning is the process of deciding on the risk posture of your portfolio in response to your judgement regarding the principle cycles, and asset selection is the process of deciding which markets, market niche and specific securities or assets to overweight and underweight. There are the two main tools in portfolio management. It may […]

Humility and Curiosity
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Humility and Curiosity

Most important of all, we should be teaching our children humility and curiosity. Being humble, here, means being aware of how difficult your instincts can make it to get the facts right. It means being realistic about the extent of your knowledge. It means being happy to say “I don’t know.”. It also means, when […]

Les Schwab
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Business Lessons From Les Schwab

“I think the biggest misconception the public has about a successful businessman is he is working for more money. You won’t find many truly successful ones that are greedy.” “I’ve always wanted to be the best tire dealer, not necessarily the largest tire dealer.” “I told my managers .. ‘If you don’t do for your employees what I have done for you, then this company […]

Investment Vs. Speculation
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Investment Vs. Speculation

“An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.” — Ben Graham It occurs to me that the typical individual who buys and sells common stocks makes little or no distinction between the concepts of speculation versus investment. Instead they […]

Framing Effect
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Framing Effect

Framing effect, in general, is the tendency of the people’s decisions to get affected by the way in which the choices are framed. The minds of individuals react differently to the information based on the way it is presented. The perception changes as a function of some variation in framing. The framing effect has significant impact on […]

Case Study
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Everything is a Case Study

Everything is a Case Study Think about what type of case it is and what principles apply to that type of case. By doing this and helping others to do this you’ll get better at handling situations as they repeat over and over through time.   Please follow and like us:0

BEST INVESTORS
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QUALITIES COMMON TO THE BEST INVESTORS

The world’s best investors are special in many ways and it’s difficult to count all of their skills and abilities. They are also not all the same and each one of these individuals has his own peculiarities. However, there are a few traits common to all of these finance experts and we will explain them […]

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