Make a Lot of Money by Investing Systematically
Be systematic investors, and you can make a lot of money.
I don't want to fall into the usual paranoia of psychology, you know it's important. Today, I want to take it a step further. Take it to the next level and show you one of the biggest investment mistakes I've made in my life.
It was many years ago and it involved believing I was smarter than the average person. Believing that analysts had no idea about the markets and playing the role of Warren Buffet or Joel Greenblat (or any other investor).
It was precisely at that moment when I realized that playing at investing is like letting a monkey throw darts at a target blindfolded.
If you think you're significantly better than me, go ahead, give it a try, but that lesson will cost you money.
It cost me quite a bit.
After that period, I immersed myself in the process and in books, where I tried to find answers.
That reflection led me to understand some important things. That an apparently correct but fundamentally wrong incentive can lead a person to make big mistakes and become completely blind.…