According to the author, good investing is not necessarily about making good decisions, but about consistently avoiding bad ones.
5
6 reads
CURATED FROM
IDEAS CURATED BY
The idea is part of this collection:
Learn more about books with this collection
How to avoid email overload
How to organize your inbox
How to write effective emails
Related collections
Similar ideas to 3. Getting Wealthy Vs Staying Wealthy:
Good investing is not about making good decisions. It’s about consistently not screwing up. There are a million ways to get wealthy. The only way to stay wealthy is some combination of frugality and paranoia.
Warren Buffett attributes a large part of his success to consistently avoiding preventable mistakes by religiously following basic tenets and ideas he knows will work.
To counteract the often negative influence emotions can have in investment decisions, Buffett uses several checklists, incl...
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