Monday, November 29, 2021

30. Don't let emotions affect your investment decisions

 


one of the most insightful advice on investment management, from one of the best stock market investor of all time Jessie Livermore (on a side note, he died penniless, quite ironic..) 

more often than not, we tend to make "wrong" decisions at the spur of the moment as a knee jerk reaction to market volatility

markets go up and down, we should accept that -  a well diversified portfolio of high quality stocks almost always goes up over the long term, this should be our mental anchor

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