February 14, 2019

Short Money Rules - excellent, something different


  1. Above-average results requires not being afraid of looking wrong.
  2. Most people are afraid of looking wrong.
  3. Good investing is 50% psychology, 48% history, 2% finance.
  4. Great investing is 10% skill, 10% luck, 80% inability to tell which is which.
  5. Bad investing is 40% overconfidence, 40% fees, 20% denial that keeps it all going.
  6. Getting rich is hard.
  7. Staying rich is harder.

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