This book will use a novel question and answer format to help you understand some of the dangerous traps you may encounter during the investment process. They are obstacles that stand in the way of your investment and can cause you heavy losses. Although financial common sense can differentiate savvy investors from those who are ordinary investors, financial common sense is not as common as you think. There are two ways to learn to avoid these pitfalls, the smart way and the stupid way. By taking the smart route, you can learn from other people's mistakes and avoid these pitfalls in your own future investments. To take the stupid path, you have to experience these mistakes one by one and let the hard hits teach you how to be a good investor. Maybe you can learn from mistakes and losses and successfully avoid the next time you step on a thunderstorm, but the experiences you have summarized may still be wrong. Why bother trying it for yourself if you have the chance to avoid the pitfalls beforehand? The stupid path is expensive and painful, and learning indirectly from other people's mistakes when possible is obviously a better path.
Reader comments
This book is very practical! It talks about the pitfalls you may encounter in investment in a question-and-answer format, and it feels like the author is chatting with you. I particularly like the cases in it, as if I see the shadows of my relatives and friends around me. Moreover, the authors of this book are all big names in the financial field, and their experience must be of great reference value. I think this book is not only suitable for people who want to start a business, but also for ordinary investors. It can help us avoid many detours.
This book is very practical! It talks about the pitfalls you may encounter in investment in a question-and-answer format, and it feels like the author is chatting with you. I particularly like the cases in it, as if I see the shadows of my relatives and friends around me. Moreover, the authors of this book are all big names in the financial field, and their experience must be of great reference value. I think this book is not only suitable for people who want to start a business, but also for ordinary investors. It can help us avoid many detours.