4
A smarter investment philosophy
Too often, investors fail to spend enough time trying to sort out what will work and what will not work, but instead dive into the markets and end up being thrown around, chasing returns and damaging their wealth. To avoid being one of them, you need to determine a set of guiding rules and beliefs that will provide the basis for making astute investment decisions. These rules form your investment philosophy. This will become the central perspective from which you evaluate all investment options and ideas, providing a filter to eliminate the industry noise and help focus on what is truly important. By the end of this chapter you should have a pretty good idea of what it should be. This book can guide you, ...
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