In investing, you don’t have to know a little about a lot of things, you just need to know a few things very well. Then, you should know your limit of competency, to realize when you’re drifting into areas you don’t know particularly well. Also, don’t be afraid to dive even deeper into your areas of expertise.
4
14 reads
CURATED FROM
IDEAS CURATED BY
The idea is part of this collection:
Learn more about personaldevelopment with this collection
How to practice effectively
The importance of consistency
How to immerse yourself in the language
Related collections
Similar ideas to Humility (knowing what you don't know)
At the very least, you’re in the same place and experiencing the same weather. But don’t be afraid to dig deeper and find more interesting commonalities:
Join the “I don’t know” school and the results are more mixed. You’ll soon tire of saying “I don’t know” to friends and strangers alike. Aft er a while, even relatives will stop asking where you think the market’s going. You’ll never get to enjoy that one- in a-thousand moment when your forecast ...
You've worked very hard for your money. Don't gamble on investments you don't understand, nor listen to pitches unless you solicited them.
There is a huge difference between long-term and short-term investing. Many people don't invest in stocks because they are afraid of l...
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.
I agree to receive email updates