Investment is a practice that requires continuous learning, thinking and practice. There is no real "Holy Grail" in investment. Any sentence or opinion is enough as long as it is helpful and inspiring for your investment. The good thing about this book is that there are more than one sentence and more than one point of view that may be helpful to you. When you read the entire book, cover it and think carefully, you may gain a lot of insights.
Reader comments
Take my experience as an example. I first read "Rich Dad Poor Dad" and started my investment journey. I first invested in index funds. I knew that I didn't understand. I bought more than 500 and made about 50. Now it's better. People lose money as soon as they make money. Investing is so simple. Look, I understand. I made money after knowing my fingers. Then I bought 5,000 and lost more than 500. Then I changed direction. I thought the fund manager was too stupid. Could he know how to pick stocks? Haha, I was actually stupid. I entered the market in March this year. I read Buffett and believed in value investing. I bought cement stocks and technology stocks. His grandma lost more than 500 again. I found that the fundamentals did not seem to lead me to make money, or that I was not proficient in the fundamentals and had no logic. Then I started to learn technical aspects, from K-line to moving average, to trading volume and finally to emotional trading. I am still reading it now, and I feel that it is still good. It's frivolous, but at least I know that those stocks can't be moved or bought. In fact, I still don't understand the buying and selling points. This is due to self-perception bias. Qiaoer has already written it down. Let's continue going down. Take a step at a time to improve your self-awareness. Rush, rush, good book, read more [Cool]
Rationality and the circle of competence need to be always adhered to when investing and must not be compromised.
Just like how I manage my household budget every day, the value of every expense and investment needs to be carefully considered. The points Joel mentioned, like focusing on the intrinsic value of the company rather than just the stock price, were really enlightening. I think this book is not only suitable for professional investors, but also for housewives like me, helping us better manage our family finances.
It's okay when it's good
A very good investment book.
Very good investment book
This book is very well analyzed and detailed.
Systematic explanation and clear method.
A good book that breaks through the inherent cognition and enhances the level of knowledge.
Take my experience as an example. I first read "Rich Dad Poor Dad" and started my investment journey. I first invested in index funds. I knew that I didn't understand. I bought more than 500 and made about 50. Now it's better. People lose money as soon as they make money. Investing is so simple. Look, I understand. I made money after knowing my fingers. Then I bought 5,000 and lost more than 500. Then I changed direction. I thought the fund manager was too stupid. Could he know how to pick stocks? Haha, I was actually stupid. I entered the market in March this year. I read Buffett and believed in value investing. I bought cement stocks and technology stocks. His grandma lost more than 500 again. I found that the fundamentals did not seem to lead me to make money, or that I was not proficient in the fundamentals and had no logic. Then I started to learn technical aspects, from K-line to moving average, to trading volume and finally to emotional trading. I am still reading it now, and I feel that it is still good. It's frivolous, but at least I know that those stocks can't be moved or bought. In fact, I still don't understand the buying and selling points. This is due to self-perception bias. Qiaoer has already written it down. Let's continue going down. Take a step at a time to improve your self-awareness. Rush, rush, good book, read more [Cool]
Rationality and the circle of competence need to be always adhered to when investing and must not be compromised.
Just like how I manage my household budget every day, the value of every expense and investment needs to be carefully considered. The points Joel mentioned, like focusing on the intrinsic value of the company rather than just the stock price, were really enlightening. I think this book is not only suitable for professional investors, but also for housewives like me, helping us better manage our family finances.
It's okay when it's good
A very good investment book.
Very good investment book
This book is very well analyzed and detailed.
Systematic explanation and clear method.
A good book that breaks through the inherent cognition and enhances the level of knowledge.