One of the coolest things about financial markets is that all the wisdom and knowledge that you need to succeed is available freely. Whether this knowledge is gained from books, the internet, or one on one mentorship with proven successful investors, it really doesn’t matter. Everyone has their own learning style and some learn best face to face, others learn best from reading brief articles, and still others love to dig deep into investment books written by the masters. I find that the best way to learn how to be a successful investor is to study directly what the wizards of the game h...
Morepaul tudor jones
Secrets of the World’s Top Investors
Success in the financial markets is shaped like a pyramid. At the base is the wide majority of losing investors. As you move higher on the pyramid, success increases but the numbers of investors drop lower. After the losing investors, you have the players who don’t really lose much but don’t make much either. These “break even” investors are loved by brokerage firms since they keep plunging into investments, paying commissions and fees, creating a consistent income stream for the broker. You see, the losers will eventually quite the investment game while the break-even investors just ke...
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