Successful investors are comfortable with the reality that their future can’t be predicted.
They know that despite having the best plans and strategies, there are always “black swan” coming out of from nowhere that may affect them significantly, so they protect themselves by planning for the worst yet expecting the best outcome.
Once again, it is very important to develop your view about the market but most importantly is how do you apply your view.
They know that despite having the best plans and strategies, there are always “black swan” coming out of from nowhere that may affect them significantly, so they protect themselves by planning for the worst yet expecting the best outcome.
Once again, it is very important to develop your view about the market but most importantly is how do you apply your view.
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