- Need A Help?
Team FMIM
January 25, 2018
I continuation to previous mails on the subjected topic i would like to add the below. Read and re-read for better understanding. Hope it helps in behavioural aspect in your investing journey.
1.If you want to be a better long-term investor, get rid of all distractions that promote short-term thinking. Listening to financial pundits, watching your positions every second of the trading day, and watching hundreds of other stocks that you would never own at any price are big distractions. Ian cassel
2. “The average long-term experience in investing is never surprising, but the short-term experience is always surprising.”- Charles Ellis
3. “The Essence of Investment Management is the management of Risks, not the Management of Returns – Benjamin Graham”
4. Investing is a popularity contest, and the most dangerous thing is to buy something at the peak of its popularity-Howard Marks
5. All the value of a common stock is in future cash flows. All the financial statements reflect is the past” – Aswath Damodaran.
6. Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.- Warren Buffet
7. Patience and Discipline are the two important traits to build an asset or for that matter anything in one’s life.
8. Don’t give undue importance to rising and falling markets. Go forward to 10-15 years from now, these things won’t matter.What i’ll matters is your regular and disciplined investments, your behaviour in ups and downs and staying the course.
9.”Even the intelligent investor is likely to need considerable willpower to keep from following the CROWD”-Benjamin Graham
10.Do not trust what you hear and see in the media and from other sources, particularly in rising markets. In a rising markets even a duck looks like swan.
11.“Indeed, borrowed money has no place in the investor’s tool kit: Anything can happen anytime in the markets.”- Warren Buffett