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09-09-2014, 08:54 PM
(This post was last modified: 09-09-2014, 08:54 PM by theasiareport.)
Slightly esoteric.. but I think what Bruce Lee said applies to investing.
“Obey the principles without being bound by them.”
You need to learn the rules before you can break the rules.
But that only comes with experience. Investors without the requisite experience are probably better off following simple guidelines like (1) avoiding S-Chips (2) avoiding highly leveraged companies (3) finding companies with long term track records and so on.
“Obey the principles without being bound by them.”
You need to learn the rules before you can break the rules.
But that only comes with experience. Investors without the requisite experience are probably better off following simple guidelines like (1) avoiding S-Chips (2) avoiding highly leveraged companies (3) finding companies with long term track records and so on.
http://theasiareport.com - Reflections From Finding Value In Asia