25 Jun The 9 most important things I have learned about investing over 40 years
Key Points
- My nine most important lessons from investing over the past 40 years are: there is always a cycle; the crowd gets it wrong at extremes; what you pay for an investment matters a lot; it’s hard to get markets right; investment markets don’t learn; compound interest is like magic when applied to investments; it pays to be optimistic; keep it simple; & you need to know yourself to be a good investor.
