Tuesday, October 22, 2013

How to invest like a medical student: pearls of wisdom



Sitting, feeling sick. A slight fever with fatigue. Yes, I have had contact with an ill person, an answer to one of the questions I always pose my sick patients. Today, I will leave a quote I passed onto a good and old friend that continues to lose money in the markets. It imbues the mentality with which I approach the market. One does not have control over the direction in which a stock will move. Consequently one can simply not avoid making any losses altogether. However one can:
 

Minimize one's losses in stocks till one finds that one or two or three stocks that are moving in the desired direction.


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