Quick Reads »

December 26, 2017 – 12:52 pm | No Comment

This Week 7’s (12.14 – 12.31) Affirmation: Mindfulness – I will reach for mindfulness each day.
Date – 12.26.17
B-Book 44: Do the Work by Steven Pressfield
The key message in this book: Often we stop dead in our tracks …

Read the full story »
Mad Musings


First category I added when I started this blog many moons ago. I jot stuff here I can't otherwise categorize.

what the...?


The section you will see a swear or two in. Not that I am a big fan, but sometimes situation can't be helped

Not So Recent Reads


Here you will find books that I have read, reading or intend to read. More Recent Reads => CLICK HERE.

just Writing


I intend to use this area to catalog my writing journey and collect tidbits of information on the authoring process.

philosophy-religion


These are areas I am very much interested in. From time to time, as I am so moved, I free think here as well

Home » Money Matters

What's the most important thing in investing?

Submitted by on July 10, 2011 – 3:07 pm No Comment
MoneyMattersButton1-300x300

I think all of the elements are indispensable, but in my opinion, risk control is what separates an outstanding investor from the rest. Risk control is invisible in good times, but that doesn’t mean it isn’t important. It’s only in bad times that we find out who had the risks under control and who didn’t. When people make high returns in good times, it could be because of skill, or luck, or risk-bearing, or any combination. But people who do it through luck or risk-bearing tend to give those gains back in bad times. We want to know who they are and avoid relying on them.

My Comments:
After years of studying the stock market, I have come to the conclusion that beating the market consistently is extremely hard.  I don’t necessarily believe that a superior investor is a function of skill…it is more of a group of inside guys manipulating the market.  Sorry for the cynicism…

Leave a comment

Add your comment below. You can also subscribe to these comments via RSS

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong> 

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Pin It on Pinterest

Share This

Share this post with your friends!