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The Big Investment Lie by Michael Edesess

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Conclusion: The Ten New Commandments for Smart Investing

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The Ten New Commandments for Smart Investing sum up this book’s message and tell you all you need to know about how to be a smart investor.

I’ll state the Ten New Commandments and then restate them with an explanation of each one, recapping what has been said in the book and adding additional information.

The Ten New Commandments for Smart Investing

  1. Follow a wealth-building strategy, not a gambling strategy.
  2. Stop searching for the Holy Grail: give up the futile quest to beat the market.
  3. Stop believing that past investment performance predicts future performance.
  4. Don’t be duped by the ...

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