If you want to be a great investor, you must resist impulsive actions and understand that the road won’t be straight.
How Waiting for a Market Crash Backfires
Way back in 2008, he was stuck in a traffic jam in Mumbai and was reading the innumerable billboards alongside the highway. On one he saw a picture of a gleaming, oversized New York blue glass skyscraper apartment building with improbable hanging gardens on random floors. The advert was for an investment fund with a “guaranteed return of 20%”. At that moment it dawned upon him how messed up the market was. Within two weeks he was 90% in cash.
Four Lessons from the First Lady of Wall Street
Captain Eddie Rickenbacker was a demi-god during the fifties. This American Ace of Aces was not just a celebrated fighter pilot (26 ariel victories in just two months of combat flying), but also a race car driver, airline executive and wartime adviser.
Don’t Let Your Assumptions Ruin Your Finances
On a cold January day, a 43-year-old man was sworn in as the chief executive of his country. His predecessor was a famous general who, 15 years earlier, had commanded his nation’s armed forces in a war that resulted in the defeat of Germany. The young leader was raised in the Roman Catholic faith.