However, only if you invest using a system with a high probability of market beating returns over the long term do you have a high probability
of being a successful investor.
There
are successful investors who are pros at using other peoples and there are others who only do as many deals as their own individual cash reserves and credit will allow.
Just because
someone's a successful investor and is willing to «take you under their wing» doesn't mean they're a good mentor or even have your best interested at heart.
Call it contrarian thinking, applied game theory, or just being clever, but this is the mindset that is required to
be a successful investor over time.
The Market Capitalist -[March / 2010]- Subscribe to RSS
feed Being a successful investor isn't about magic; it's about having the knowledge to make good decisions and having the discipline to execute those decisions.
You can
be a successful investor by being disciplined in following a set of investment strategies and rules that guide you through bull and bear markets, times of greed and times of fear, and periods of high risk and periods of great opportunity.
With this variety of podcasts that update daily, weekly or monthly, you have the knowledge you need to
be a successful investor as you continue to grow.
Over the course of his career, Vann has
also been a successful investor and entrepreneur, investing in, operating and monetizing several private companies beginning with a business he owned and operated while working his way through college.
Having
been a successful investor at both SoftBank and now his name - sake fund, Lerer Hippeau Ventures, Eric has refined a strategy for identifying attractive investment opportunities.
I've always had an interest in finance and saving money, but I have never really had a deep understanding of how to
be a successful investor beyond handing my money over to a financial advisor or picking random mutual funds.
Coming from a family where my
Mom was a successful investor, I had an impossible time swallowing the EMH, except perhaps as a limiting concept — i.e., the markets tend to be that way, but never get there fully.
Brad is a successful investor in his own right and the teacher of the popular Rat Race 2 Retirement program, a course that helps investors build wealth through apartment investing.
What I love about Traction REIA is that they give you the tools and the training you need to
be a successful investor even in a market that is supposedly «tough».
The Market Capitalist -[March / 2010]- Subscribe to RSS
feed Being a successful investor isn't about magic; it's about having the knowledge to make good decisions and having the discipline to execute those decisions.
You can
be a successful investor by being disciplined in following a set of investment strategies and rules that guide you through bull and bear markets, times of greed and times of fear, and periods of high risk and periods of great opportunity.
You are more likely to
be a successful investor over the long haul if your investing decisions and actions flow from specific, predetermined guidelines.
I have a group of friends who
are successful investors in Chicago, but I feel as though I don't offer them enough value (and connections) for the value they offer to me in return.
It's not necessary to quit your day job to
be a successful investor.
This is a key part of the path to
being a successful investor.
But what usually gets lost in this type of analysis is that one does not need to make these sort of predictions to
be a successful investor or to have an effective risk management strategy.
For a long time now, I've held the theory that you have to be completely insane to
be a successful investor.
Or
they are successful investors or our best generals.
I think in their case the key to
being a successful investor is not to make a mess of it, i.e. the avoidance of serious mistakes is more important than having a small chance of a big win.