2.17.2019

I try to keep this in mind

Considering my latest post, I came to think of this.

As an investor you should know this. Roughly simplified.

We control  →  RISK  ←  Rarely focus on
We control  →  COST  ←  Rarely focus on
We control  →  TIME  ←  Rarely focus on
We control  →  BEHAVIOR  ←  Rarely focus on

We control  →  RETURN  ←  Only focus on

It is difficult to change the mindset.

No comments:

Post a Comment

The bookworm vs the troublemaker, who will be the winner in the future?

My prediction below about AI requires a rough generalization of two different personalities, bookworms and troublemakers. One area that all ...