Thread by @JoshuaTai0427

I have recently asked 21 great investors, what is their best investment advice to everyone.

Here is a thread on the best investment advices you will hear today.

Let's get started!!👇👇

My best investment advice is to zoom out.

Over a longer time period, the fundamentals matter, but over a shorter period, sentiment reigns.

If you pick the best companies and invest for 3 years and more, you'll do great.

@FromValue

My biggest advice would be "To focus more on the business fundamentals and not the stock price."

@InvestiAnalyst

Narrowing down one piece of advice is hard. But one thing I notice that good investors tend to have is the ability to keep an open mind.

Being open-minded and having the humility to change your opinion when presented with new information is a superpower.

@Innovestor_

my best investment advice is never be afraid of betting high when you built conviction through a good DD. Being right doesn’t mean anything if you can’t make a dime out of it, you have to be smart on your studies and brave at your allocation.

@BuyandHoldd

Find excellence, buy excellence, hold excellence, add to excellence, and sell mediocrity.

Add up to your winners, not add down your losers, and let your winners run high & drive outperformance.

Keep focusing on the long-term, which is the only term that counts.

@EugeneNg_VCap

My investing advice would be to do the f’ing work. Read the filings, understand the intricacies of companies, their industries and their competitors, and spend the time to build a knowledge base that others aren’t willing to obtain. There are no shortcuts.

@MT_Capital1

My advice is to start now. Right now.

It doesn’t matter if you start with $10 or $10k — all that matters is that you start.

In a year, you’ll be thankful you did. If not for the returns, for the lessons you learned along the way. Often these are more valuable.

@HonestInvesting

Assume you know nothing & be determined to consistently fix that. A wide open mind is a powerfully productive weapon in the investing world… & arrogance is a fatal flaw.

@StockMarketNerd

When you find that special company you have to be willing to bet big & sit. Even if the company gets to a point where you want to sell because valuation is unattractive. This is where the big money is made vs selling a winner and trying to find another special one

@PelotonHolder

The most important advice I could give someone starting to invest is to:

1. Study companies in advance
2. Be patient, the opportunity will present itself
3. Scale in very slowly into opportunities

Doing your homework beforehand pays off!

@Invesquotes

1) Match your portfolio with your own competencies, interests and personality.

2) Focus on process > outcome, always strive to improve that process and have an open mind towards changing it.

3) The return is not in the knowing, it's in the understanding.

@Matematikern3

Think of the achievements in your life

Generally, they require hours and hours of strenuous activity

However, the realm of investing is different

Inactivity outperforms activity

The humble sloth's inactivity can teach us all a great deal about how to invest.

@sloth_investor

Don’t feel like you need to be loyal to your stocks because they’ll never be loyal to you. Cut your losers and keep feeding your winners. Many investors including me have learned this lesson the hard way.

@JonahLupton

Execution is underrated in investing. Don't be afraid to buy or sell when the prices are at the levels that you planned for.

@RihardJarc

If I have learned one thing in my 5 short years of investing, is that changing your mind (bull or bear) can be a game-changer.

Keep challenging yourself and maybe along the way you might prove yourself right/wrong.

Knowledge is power.

@Couch_Investor

Invest in yourself, it's your best investment. You are your own responsibility- depending on another is a house of cards; never stop pushing yourself. Don't become complacent, work on weaknesses. Every opportunity is a learning opportunity. Learn to learn.✌

@caleb_investTML

Try to understand how a Company makes money or try to understand what is expected from a Company and how much of it is already reflected in the current Stock Price

@daniel_toloko

My best piece of advice would be “Develop your own conviction, manage risk appropriately, and always follow the numbers”

@richard_chu97

My best advise is Be so good, they can’t ignore you”. Steve Martin

@mukund

My best piece of advice to retail investors is to focus on businesses of products & services that you know and love. Once you've discovered a great new service or product, study the management, learn the business model & focus on the long term.

@BahamaBen9

Curiosity to learn is a top priority. As an investor I’m always trying to learn more while staying humble through success. In the wise words of John Bogle, the founder of Vanguard and father of long term investing, index funds, and dollar cost averaging...

@BlaineCapital

Investing is a lifelong journey. Be sure to learn as much as you can along the way. There will be ups and downs but be sure to focus on the long term goal, fundamentals always drives stocks price in the LR. Above all else, enjoy the process and have fun!

@JoshuaTai0427

END// Thank you for reading this thread, and thank you all who have participated! I wish you all have learnt many wisdom and valuable lessons from all these great investors, and be sure to follow them if you haven't! I hope you have an awesome day and may God bless you!

Bonus One!

If you’re new, you’re expected to make mistakes. Learn what lessons you can and move on

@jablamsky