Investment success doesn’t come from “buying good things,” but rather from “buying things well.”
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There’s only one way to describe most investors: trend followers. Superior investors are the exact opposite. Superior investing, as I hope I’ve convinced you by now, requires second- level thinking a way of thinking that’s different from that of others, more complex and more insightful. By defini...
Warren Buffet is known for his frugality. Frugality isn't about buying anything at a low price - it is about buying value at a low price.
The key is not just to look at the price, but to keep value in mind, too.
Th e oldest rule in investing is also the simplest: “Buy low; sell high.”
obvious— on the surface: it means that you
should buy something at a low price and sell it at a high price. But what, in turn, does th...
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