< lonely survival (little Simba Investment) > Reading notes

Here's the book.

1. The only way for speculators to wake up is to lose at least half of their assets.
2. Heaven will not fall, the end of the world will not come so soon, the economy may be depressed but not collapse, people have to wear clothes to eat, rest and labor
3. Every fool learns from his mistakes, and the wise man gains from the experience of others.
4. No one can beat the market
5. Victory over the market can only be a small probability event for very few people
6. Any winner in the stock market can only be supported by losers.
7. Buy shares in a profitable enterprise and don't throw it away for no good reason
8. The criteria for distinguishing between good and bad investors are not always the mind, but usually the discipline
9. The efficiency market proves that short-term speculation is futile in order to get super profits in the face of the stock price immediately walking.
10. The choice of strategy itself predicts the probability of success, most people are short-term, so most people do not earn money, they are the market itself, very few people do only smart long-term investment, so this kind of people get the most profits
11. To earn excess profits, only 3-5 concentrated investment
12. The best investment target should have three characteristics at the same time: 1. Broad prospect Industry; 2. With a strong competitive advantage of the enterprise; 3. Growth Small Business
13. You can't see the future from the rearview mirror.
14. When you are most likely to buy and sell, technical analysis gives you the opposite guidance.
15. The secret of long-term investment profit-compounding
16. A special way to increase profitability and security--focus on investment

< lonely survival (little Simba Investment) > Reading notes