The bitterest way to learn investing wisdom
If a man is both wise and lucky, he will not make the same mistake twice. But he will make any one of the ten thousand brothers or cousins of the original.
mistakes
Moderate risk tolerance
One way to be adept at avoiding failure is to avoid attempting anything you might fail at
Investing expertise can be learned
It is only by working at what you can’t do that you turn into the expert you want to become.
How to become a skilled investor
The subjective confidence we have in our personal level of skill is absolutely no guide as to whether we actually have the skill.
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