Life/investment advice from the Batman himself: “Life is simple — You make choices, and you don’t look back” – Bruce Wayne
“If you have spent years working hard to build what you have, it only makes sense to take good care of it”
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“Naturally, an investor requires information to make decisions. But investors must also make a crucial distinction between noise and signal.” – Michael Mauboussin
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“The rate of return sought should be dependent on the amount of intelligent effort the investor is willing and able to bring to bear on his task.” – Benjamin Graham
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“A bad loss feels like a nasty comment — most people just want to cover up, walk away, and never be seen again. Hiding doesn’t solve anything. Use the pain of a loss to turn yourself into a DISCIPLINED WINNER!” – Dr. Alexander Elder
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“Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes.” – George Soros
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“Emotions matter: we need to understand the twists and turns of investor sentiment, on top of all our normal detailed analysis about economic and corporate data, in order to make successful investment calls” – Andrew Milligan
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Talk is cheap in markets. Everybody runs around with a view, but what leads to success is not having a view but coming up with a direct trade idea.
by Andres Drobny
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