Hello everyone! Today i want to share some trading ideas with you!
1.
Investing is more like poker, not chess
In chess, the superior player almost always wins
In poker, uncertainty plays a large role in the outcome - the best poker players can lose to amateurs even when making superior decisions
High-quality decisions don't always mean high-quality outcomes
2.
$SPDR S&P 500 ETF Trust(SPY)$ The best investors I know, use checklists
4 questions to ask before investing:
• Do you know how the business makes money?
• Does the company have a competitive edge?
• Is the business producing high ROIC?
• Is the business able to reinvest?
What would you add?
3.
Charlie Munger - The Architect of Berkshire Hathaway (Tribute):
Follow me to learn more about analysis!!
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