10 Life-Changing Financial Quotes
Lessons to be a Better Investor, Learn Anything and Do More.
One of the articles that without a doubt, we have enjoyed writing the most. It has reminded us of many of the basic concepts that make a successful investor and that we hope will be helpful.
Here are the 10 quotes that will help you exponentially to improve your economy and you as a person:
“The way to become rich is to put all your eggs in one basket and then watch that basket.” — Andrew Carnegie
The way to win in this game is through concentration and leverage. However, both are weapons of mass destruction if not used correctly.
To concentrate it is necessary to have total knowledge of the asset or company in which one is investing, following a predefined analysis process and knowing that when the investment thesis is no longer valid or the conviction is lost, the best idea is to sell the asset, even at a loss.
In the case of leverage, here there are many more possibilities, surely the two best known are through a margin portfolio and through derivativ…