5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP547: The Truth About Stock Market Forecasts

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Investing in Emotions

We should be risk averse and not be afraid to take calculated risks when the odds are in our favor. Investing isn't a game of perfection. It's a game of continuous improvement. Even quick money through a lucky trade early on is the worst way to win. When you adopt a positive mindset, you never lose. You either win or you learn. Good judgment comes from experience. And experience comes from bad judgment. Get most of your mistakes out of the way while you're young and have a significant amount of capital I do appreciate that God uninclude so many of his mistakes in his book because they can all serve as valuable lessons for us.

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