Biggest Investing Mistakes & Why Stocks are Overpriced with Simon Hallett
Stansberry Investor Hour
00:00
The Importance of Being Humble About Your Ability to Forecast
Being humble really gets you all the way to thinking about a forecasting. And i've always said that we're very, very bad thinking in probalistic terms. It's probably 65 % likely that one's cain t happen, and 35 % the other. We need to go out and think about our own behaviour. That means, tha, le are ouar buying, buying high and selling low. The lowest hanging fruit in the investment world isn't a partila astet class, or a particular security, but controlling your own behaviour.
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