మీ డబ్బును కోట్లుగా మార్చుకోవాలి అనుకుంటున్నారా| Which One Is Best Trading & Investing

మీ డబ్బును కోట్లుగా మార్చుకోవాలి అనుకుంటున్నారా| Which One Is Best Trading & Investing
“The challenge for us is that no amount of studying or open-mindedness can genuinely recreate the power of fear and uncertainty.”
Resurfaced using Readwise
We are not spreadsheets. As much as reading can inform us about what has happened in the past, like stock market crashes or how stocks have trended up and to the right over time, learning about something in a book is very different from actually experiencing the event. So be careful. You may think that you can hold your stocks during a 30% market downturn because you know that only suckers sell at the bottom, but it’s only when you experience that type of downturn that you’ll learn what you’ll do.
Luck and risk
It’s easy to convince yourself that your financial outcomes are determined entirely by the quality of your decisions and actions, but that’s not always the case. You can make good decisions that lead to poor financial outcomes. And you can make bad decisions that lead to good financial outcomes. You have to account for the role of luck and risk.
concept and Editing :- Bhanu
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