For most people, attaining the intellectual clarity and emotional detachment that investing requires is tough.
Sentiment: NEGATIVE
I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making - just the facts.
Money and investing can be complex, confusing, and often boring subjects.
When it comes to investments, I have to go to someone else to understand them, but then I have to make a judgment. I can't do that if I don't have a basic understanding myself.
The ability to select stocks, manage them over time and know when to sell them is incredibly difficult, even for professional fund managers.
Re-investing in one's own little moments of insight is very important.
Investing is a business where you can look very silly for a long period of time before you are proven right.
In any investment, you expect to have fun and make money.
A constant in my approach to investing: You should think politically but unconventionally.
Being an entrepreneur is hard. Having supportive and caring investors helps.
It's one of the most important things at the end of the day, being able to say no to an investment.
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