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Peter Lynch expounds on how individuals without professional financial expertise can surpass the performance of the majority of professional money managers.
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goodwithinvesting

2024-04-17 20:34:24

and the chemical industry are buying oil stocks it's absolutely absurd that people don't understand their natural advantages yeah and they don't use them so that's that's bad number one
but worse number two
if you don't think you're good ice skater or if you're convinced you're not a good cellist
you're not go out and try it
but people are buying stocks anyway
they're not discouraged they just think it's a gamble
so therefore they go forward
in a big bet on one stock for a week and a half and it goes up and they they make two dolls on it
then they sell it and buy something else when three years is over all i've done is generate a lot of commissions they've probably lost money that's a mistake so your advice is what
if you don't understand a company if you can't explain it to a ten-year-old
in two minutes or less if it's don't own it she's when it goes down let's say the stock goes down too you won't understand what's going on
do what do you do dubai more yet do
you feel chances are your broker doesn't either
you they he he or she certainly doesn't know about it