Profit Is Always Made By An Skilled Investor | Business Principles | "MASTER INVESTOR" #wealth #biz

Profit Is Always Made By An Skilled Investor | Business Principles | "MASTER INVESTOR" #wealth #business #biz #wealth #livestreaming #business #live #wealth #masterinvestor #successShow more

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There is just one method we should invest if we intend to do so. The Master Investor method of investing is to make passive income.

Summary:

The secret to a successful investing strategy is to keep in mind that there is no right or incorrect response.
Make sure we comprehend both long and short positions before making an investment.
Being able to simultaneously hold two opposing views is a sign of a sound investment approach.
Teaching children to live in a world of "right" or "wrong" is one of the issues with education. That isn't clever, and it's not realistic. Similar to real life, there are frequently multiple options or solutions in the realm of investing.

There is just one correct response in the classroom. Teachers search for the correct answers when grading tests.

If our correct responses match those of our teacher, we are also regarded as intelligent in school. We are a "A" student if the answers we provided match those of the teacher and books.

The basis of academic education is the notion that there is only one correct answer.

There are multiple correct answers in real life.

For instance, for most people 1+1 equaled, "2." But somebody else the answer would be "11".

For this reason, one many are poor and only small percentage are wealthy. Due to the fact that the small percentage of those who reach our financial goals are those who are willing to unlearn old ideas and philosophies about money and adopt the new rules of money with the appropriate wealthy context.

Well-made investment or a well-made investor?

Good or terrible investments don't exist; there are only good or bad investors. Stated differently, the value of the investment depends entirely on us.

The capacity to hold two opposing ideas simultaneously in the mind and still be able to function is the test of first-rate intelligence.

It is not new to discuss opposing viewpoints. Let's take a different approach. We know that all coins have three sides: the edge, the heads, and the tails. Most people only two sides.

A sound investment plan takes both long and short positions into consideration

Finishing reading the article: https://masterinvestor.substack.com/p/profit-is-always-made-by-an-skilled

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