If it Doesn't pay of first time ; forget it. - Deepstash
If it Doesn't pay of first time ; forget it.

If it Doesn't pay of first time ; forget it.

  1. Don't get into trap of averaging a bad venture . Average by buying more at falling price when the ongoing trouble in investment is short lived or over reacted and business is intact.
  2. By averaging a sour venture we break axiom of jumping from ship before it sink.
  3. We have to find reasons behind sharp fall in our investment value and if such fall is of permanenet nature or long term than get out of it.
  4. Enjoy our freedom and buy investmnets on their merits and don't get stuck if the venture turns out to be sore.

5

5 reads

CURATED FROM

IDEAS CURATED BY

arnik.s

A passionate learner and follower of value investing.

The idea is part of this collection:

How To Make Friends As An Adult

Learn more about books with this collection

How to find common interests

How to be a good listener

How to overcome social anxiety

Related collections

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates