Investing is a business where you can look very silly for a long period of time before you are proven right.
Sentiment: NEGATIVE
Investing is for wealth preservation, not wealth creation, so first you have to make wealth.
Great investments may look crazy but really may not be.
For most people, attaining the intellectual clarity and emotional detachment that investing requires is tough.
You must trust yourself more than you trust others. Pay attention to your inner voice - it will tell you if how and in what you are investing is right for you.
Look: invest in what you understand, what's foreseeably going to offer real value and returns, not necessarily what's trendy.
I found an approach to investing that made enormous sense to me: rigorously analyzing a company's fundamentals, understanding exactly how it makes money, developing a view on the business's future prospects, and deciding if it's a good business.
Money and investing can be complex, confusing, and often boring subjects.
Investing is about making probabilistic decisions with limited information about an unknowable future. The variables are well known, as are the possible outcomes.
In any investment, you expect to have fun and make money.
When it comes to investing, you are your own worst enemy.