- While carrying out any investment assessment, first calculate risk.
- Make decisions on your own and be self-determining. After listing risks, you make decisions based on involved risks. Whatever you decide, you should be be self-determining regarding your decisions and actions.
- Plan to encompass a few imminent, possible complications.
- Being humble and admitting where you are deficient the first step towards perception. Committing mistakes is human, and admitting your mistakes is part of being humble.
- In order to reduce errors and mistakes, investigate thoroughly. Accepting mistakes is good but nothing is as good as avoiding mistakes.
- While making any investment capital is assigned, allocating capital and assets intelligently is a must.
- Oppose the normal inclination to do something and have patience.
- In appropriate situations, be determined and confident.
- Accept change. Change is a common phenomenon of any business and investment so recognize, accept, and acknowledge it instead of fighting it tooth and nail.
- Pay attention. When you lack attention and concentration, you've taken your first step towards failure.
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