Learning Thread from an investor who generated 14% annual CAGR for 38 years!
1-Achieving a good record takes much study and work, and is a lot harder than most people think.
2-It is impossible to produce a superior performance unless you do something different from the majority.
1-Achieving a good record takes much study and work, and is a lot harder than most people think.
2-It is impossible to produce a superior performance unless you do something different from the majority.
3-The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.
4-To buy when others are despondently selling and to sell when others are greedily buying requires the greatest fortitude, even while offering the greatest reward.
4-To buy when others are despondently selling and to sell when others are greedily buying requires the greatest fortitude, even while offering the greatest reward.
5-Bear markets have always been temporary. Share prices turn upward from one to twelve months before the bottom of the business cycle.
6-In the long run, the stock market indexes fluctuate around the long-term upward trend of earnings per share.
6-In the long run, the stock market indexes fluctuate around the long-term upward trend of earnings per share.
7-If a particular industry or type of security becomes popular with investors, that popularity will always prove temporary and, when lost, won’t return for many years.
8-If you buy the same securities as other people, you will have the same results as other people.
8-If you buy the same securities as other people, you will have the same results as other people.
9-The skill factor in selection is largest for the common-stock part of your investments.
And for those wondering on who's maxims was this thread based upon : John Templeton
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Keep learning
Keep sharing
Keep growing
#AKAL
And for those wondering on who's maxims was this thread based upon : John Templeton
.
.
Keep learning
Keep sharing
Keep growing
#AKAL
