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.
Paying Up Rarely Pays off Paying Up Rarely Pays off By paying close attention to the price you pay for a stock, you minimize your speculative risk, which helps maximize your total return. No one knows what a stocks speculative return will be over the next year – or even 10 years- but we can make […]
Many things in life involve tradeoffs. A source of what is good in life can be a source of what is bad in life. That inevitable tradeoff applies to curiosity-and there is nothing like failure and mistakes to teach a person the right approach to curiosity. The wise investor will acquire a sort of muscle […]
Investing is a long-term journey You can think of investing as a long-term journey, a veritable marathon, with many starts, stops, changes of scenery and occasional bumps. Moreover, we believe you will be much more likely to achieve your investment objectives if you know what to expect along the way. Your own psychology and ability […]