Timeless wisdom from the world’s most successful investors And how you can use it to become a successful investor yourself Maybe you’re just starting with investing. Maybe you’re a veteran who’s been at it for decades. Or, perhaps you’re somewhere in between. However long you’ve been at the investment game, one thing which you’ll have to wrestle with is the process of becoming a better investor. Because unlike, say, your high school chemistry class, your investment education is something that never really ends; there’s always another strategy to learn, another investment idea to research or another market analysis to wrap your head around. But that brings up an important question: how is that supposed to happen? Other than learning the hard way − through the mistakes and missteps that you make with your ownmoney (a time-consuming and expensive process) − how exactly should you educate yourself about the strategies, the insights and the mindset that can turn you into a successful investor? Well, one solution is to emulate those who have come before. Indeed, most of the world’s successful investors have been more than willing to share what they’ve learned with their less-experienced counterparts. Between their interviews with the financial press, letters and reports which they’ve written for their own investment funds, and the occasional book sold on Amazon, there’s more than enough material for the average investor to enrol in a “master class” on investing. With that in mind, here are 13 essential pieces of timeless wisdom from some of the best investors whom the world has ever known, along with some basic ideas about how you can use that wisdom in today’s investment climate, in order to protect your portfolio and become a better investor yourself. by James Dolan 26 | www.snowbirds.org Finance
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