to upgrade
Ideas from books, articles & podcasts.
created 10 ideas
I've been investing for 18+ years I've made TONS of mistakes along the way here are 10 critical investing lessons I wish I could teach my younger self:
mobile.twitter.com
STASHED IN:
2.03K reads
Stock prices & business profits are not at all linked in the short-term, but they are 100% linked in the long-term
Watch the business, not the stock
It's a FAR bigger mistake to sell a mega-winner early than it is to hold a mega-loser too long.
Compounding pays off the most in the out-years
Optimize for longevity first, everything else second
In the beginning, focus the vast majority of your effort on boosting your income & savings rate
Analysis paralysis is real
Once you know enough, decide.
The P/E ratio is only useful when a company is fully optimized for profits (stage 4)
It's most deceiving in stages 3 & 5
If you rarely sell, your portfolio will concentrate itself
Invest with CEOs that under-promise and over-deliver
Avoid CEOs that do the inverse
Stop-loss orders should really be called Stop-Compounding Orders
"Do nothing" is almost always the right move.
4 Reactions
1 Comment
created 3 ideas
38
Comment
54.4K reads
❤️ Brainstash Inc.