What’s wrong with high expectations? If you expect to make 30 percent year after year, you’re more likely to get frustrated at stocks for defying you, and your impatience may cause you to abandon your investments at precisely the wrong moment. Or worse, you may take unnecessary risks in the pursuit of illusory payoffs. It’s only by sticking to a strategy through good years and bad that you’ll maximize your long-term gains.
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These are some lessons that peter lynch thought us in one up on wall street
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Your manager may not put in the effort up front to articulate the expectations she/he has so that you're on the same page from the start. It may leave you guessing what successful completion might look like, and then frustrate you both when you think wrong.
To be fair, at a certain...
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