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Episode 3288:
Mr. Finer shares the lessons he learned from his investment journey with Amazon, showing how patience, research, and long-term conviction can outweigh expert opinions and short-term fears. His reflections highlight the value of backing visionary leaders, resisting the urge to sell too early, and recognizing the role of luck in investment success.
Read along with the original article(s) here: https://mrfiner.com/5-lessons-i-learned-from-my-investment-in-amazon-stock/
Quotes to ponder:
"Exceptional companies always seem overpriced. However, these are the companies that generate exceptional returns!"
"There is no substitute for doing your own research. Knowing why I am investing in a company lets me ignore the so-called experts."
"I think the biggest gains are made by not selling."
Episode references:
The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926
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