The world’s best investors use various methods to success, but they tend to have the same core principles.
Here are 5 principles of great investors that everybody should copy:
No. 1: They take smart risks, not extraordinary risks.
No. 2: They your costs low.
No. 3: Prepare for setbacks and losses.
No. 4: Think rationally, rigorously and objectively and detach emotionally from volatility.
No. 5: Consciously and consistently seek any advantage to maximize your odds of success.
Sven Franssen