What Sports Teaches Us About Investing
We’ve all seen or heard the Ted Williams hitting grid analogy used to describe successful investing. Warren Buffett and
MicroCapClub articles tagged Education, including microcap investing research, education, and member insights.
We’ve all seen or heard the Ted Williams hitting grid analogy used to describe successful investing. Warren Buffett and
Morgan Housel wrote an excellent article entitled Ironies of Luck which contains a great quote that states: “Luck is the flip side of risk.”
If your strategy or thought process hasn’t changed in 10 years you aren’t learning. You need to constantly evolve to stay in the game.
The biggest impediment to long-term wealth creation is your desire to get rich as quickly as possible.
It is incredibly humbling, inspiring, and a bit scary when you realize that one great investment can make your year, decade, and even career.
It’s human nature when you lose money quickly you want to make it back twice as quick. During these times it’s important to slow down, keep focused, and stick to your strategy.