The Harriman Book Of Investing Rules (Harriman Rules) by Philip Jenks & Stephen Eckett

The Harriman Book Of Investing Rules (Harriman Rules) by Philip Jenks & Stephen Eckett

Author:Philip Jenks & Stephen Eckett [Jenks, Philip]
Language: eng
Format: mobi
Publisher: Harriman House Publishing
Published: 2011-02-20T14:00:00+00:00


1. Know thy self.

When investing, everyone has strengths and weaknesses. It is particularly important to recognize the weaknesses and continue to be aware of them. Then you can defense against them. Examples: ‘I hate to admit I’m wrong’, ‘I’m a sucker for sexy tech stocks’, ‘I’m inherently pessimistic’.

2. Discipline is essential.

Establish your own personal set of investment disciplines, carefully considering your own investment shortcomings. Write them down. Carry them with you. Follow them. Revise your disciplines only after considering the revisions for a period of time (in a de-emotionalized state).



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