The Importance Of Getting The Odds On Your Side And Not Being Overly Boring
Read the full article: http://timothysykes.com/2008/02/17/the-importance-of-getting...
My take on boring ass value investors and a repost by one of them who actually seems to think like a trader
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At some point, however, your
At some point, however, your process needs to start working for you or there is no point to keep going at it. There is something to be said about the process, but if you are not learning from it, then it does no good.
never give up, never
never give up, never surrender!
Nice article, the guy does
Nice article, the guy does have a good point.
Great advice. Focus on the
Great advice. Focus on the process. I agree that many people post their outcomes and we measure people on that, it can be very deceptive. Many people that had no clue what they were doing in the tech boom made a ton of money on pure luck.
The guy you quote in the
The guy you quote in the article does have a point, and a good one. Paying, or lsoing money, while you're learning the process can be considered as a valuable long-term investment. And $10 for a couple of beers and two hours of gambling is not that bad a deal. Besides, he's not boring, or an ass, unlike some of us here. :)