5 Lessons From Scott Fraser
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5 Lessons From Scott Fraser
The idea that a few things account for most results is not just true for companies in your investment portfolio. It’s also an important part of your own behavior as an investor.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Learning to be patient is one of the most important lessons for investors, but one of the most difficult to internalize. When the market is tanking and your portfolio is leaking more money with each hit of the refresh key, the inclination is to do something. Just when you should be most patient, your emotions and your brain make you the least.
Tom Gardner • The Motley Fool Investment Guide: Third Edition: How the Fools Beat Wall Street's Wise Men and How You Can Too
Legendary Investor Bill Gurley on Investing Rules, Finding Outliers, Insights from Jeff Bezos and Howard Marks, Must-Read Books, Creating True Competitive Advantages, Open-Source Strategies, Adapting Mental Models to New Realities, and More (#651) - The Blog of Author Tim Ferriss
tim.blogIf you seek extraordinary performance, focus on what you know very well, do your homework, have conviction and take a stand. It’s the right way to build a product, to build a company — and to be an exceptional investor.
Mike Speiser • Why Diversification Results In Mediocrity
In another five to ten years, things will change again, and the only way to understand where the market is going will be to study not just the market winners but the market failures—along with doing a postmortem on your own forecasting and behavior. You don’t have to obsess over the losers, but I would certainly meditate on them and look for patter
... See moreJason Calacanis • Angel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000
To give a more recent example: How you behaved as an investor during a few months in late 2008 and early 2009 will likely have more impact on your lifetime returns than everything you did from 2000 to 2008.