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Making sense of financial statements. June 30, 2023

Motley Fool Money

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The Power of Clarifying Your Thoughts

I'm such a big believer and if you can't really explain it in a way that a 16-year-old could understand, you probably don't know it yourself. So I find these things really useful for me. When you're forced to explain something, when you're putting down your thoughts about a topic or an issue, it is literally that you're kind of thinking it through... It's just so amazingly powerful. And it also helps reinforce learning. We always talk about the value of an investment diary. Are we doing issues with investment things you're writing down? Are there other things that are, that are being written down that may come to the lie dates on future point?

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