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3min chapter
TIP556: 100 to 1 in the Stock Market by Thomas Phelps
We Study Billionaires - The Investor’s Podcast Network
How to Make a Fortune in the Stock Market
In chapter 3 Phelps discusses mistakes that are made by professional investors. He argues that the answer in why professional investors don't succeed is found in investor psychology and statistics. The only thing worse than making an investment mistake is refusing to admit it and correct it, he says.
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