Charlie Munger
Tell me where I am going to die, so I won’t go there.
Reasons Why Investors Lose Money in Stock Market
- If you invest in over priced IPO’s
- If you don’t read annual reports
- If you decide to sell only when price rebounds to $X
- If you ask barber whether you need a haircut
- If you have more children than you can manage
- If you sell winners and keep losers
- If you make use of derivatives
- If you borrow and invest
- If you invest just because your friends have invested
- If you invest based on tips
- If you watch scorecard instead of playing field
- If you believe beta measures risk
- If you put all eggs in one basket
- If you think you can sow today and reap today
- If you pay too much in expenses
Else
You will make lot of money in the stock market.
Best of Luck
Happies Investings