It is so common in our
world to search for golden formula’s and magic theories to try and generate
profits of your investments.
Some of our choices are
built with one perspective in mind, some others are start with a thought that
seemed smart at the time.
Every time one of us has a
feeling that the rule or theory in hand is the magic one, the result may be
overwhelmingly ridiculous, or let me call it perfectly logical.
It is perfectly logical to
scientifically reach a disaster every time you follow such a theory. It is
overwhelmingly ridiculous to believe that you may reach profit this way except
by mere luck.
There is a very big
difference between amateur investors, gamblers and disciplined investors.
Every single one of us
would love to think that he is a disciplined investor, however we mostly act as
gamblers or amateurs. It is so difficult to be disciplined while you see many
people making loads of money by taking the occasional bet. It is very difficult
to be disciplined while feeling that you should move with the buzz and follow
some crowd of some kind as it may soon be too late.
It is difficult however it
pays off in the long term.
“He that resteth upon
gains certain shall hardly grow to great riches; and he that puts all upon
adventures doth oftentimes break and come to poverty: it is good therefore to
guard adventures with certainties, that may uphold losses.” Sir Francis Bacon
© Copyright Makram H.
Hani. All Rights Reserved.
