A smart sentence can teach you more than some books. Here are 14 that totally changed how I think about investing.
“In expert tennis, 80% of the points are won, while in amateur tennis, 80% are lost. The same is true for wrestling, chess, and investing: Beginners should focus on avoiding mistakes, experts on making great moves.” — Erik Falkenstein
Most investors assume they’re average and attempt to become above average. In reality, they’re far below average (or the market’s average return) and should put all their effort into working their way to par…
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