Tuesday, 2 August 2016
The great investors tend to focus on the process more than the actual outcome.
Over time, the great investors tend to focus on the process more than the actual outcome.
If you have a simple, proven, repeatable system with the relevant mental models, the results will ultimately take care of themselves.
Having a sound philosophy and method will allow you to focus on the components that matter most to an investor's success.
By following this long enough, you will develop everlasting habits and positive feedback loops as you compound on your knowledge of investing and the businesses around you.
The more you invest now and get to know the underlying businesses and the stock market, the better you will be at investing long term.