Think Like An Owner
Thinking like an owner means having a long-term perspective and caring about the quality and value of what you invest in. Thinking like an owner means doing your own research, analyzing the fundamentals, and making informed decisions based on facts and logic. Thinking like an owner also means being responsible for your actions and accountable for your results. Thinking like an owner helps you avoid being swayed by emotions, fads, or hype that may lead you astray as an investor.
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In this video, William Ackman, a billionaire investor and founder of Pershing Square Capital Management, explains the basics of finance and investing.
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