Monday, 5 October 2015

Investing, the greatest business in the world.

Enhance Your Investing Returns By Not Swinging At Every Pitch

Summary

Building a core concentrated portfolio of 3-5 stocks is very advantageous over buying 20-30 individual stocks.
Not swinging at every investing idea will not only enhance returns but it will let you focus on building positions in your bests ideas.
Some of the richest investors in the past have gotten rich by putting all of their eggs in one basket or in 3-5 small baskets.
"I call investing the greatest business in the world, because you never have to swing. You stand at the plate, the pitcher throws you General Motors at 47! U.S. Steel at 39! and nobody calls a strike on you. There's no penalty except opportunity lost. All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it". -Warren Buffett

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