Posted by stockmanmy > 2018-02-17 01:36 | Report Abuse

30 years ago, information is hard to get , stock recommendations from analysts even more difficult to get.

today , information and stock broker analysts recommendations are readily available.

in this environment, stock picking and naming of stocks is readily available.

the winning edge is not by being a better FA, TA technician than the professionals......but by learning about the winners mentality, developing personality of a winner, attitudes towards risks, money management skills, portfolio management, risk-rewards

and if you remove the luck element, consistent profits comes from assuming the risks that the market pays you to assume and proven right later.

Super investors, like good businessmen do not run away from risks...they take up the risks that others will pay them to assume and be proven right later.

Posted by stockmanmy > 2018-02-17 20:34 | Report Abuse

Its knowledge, decisive and bravery.....The personality traits that make the difference.

People....like KCChong and OTB talk about stock selection. I want to talk about the personality traits that make one a successful investor....it is knowledge, decisive and bravery.

Super investor makes a lot of money from his selected stocks. There are indeed tens and hundreds of other stocks that did equally well and even better in recent years...The issue is if one is the in the market and did not benefit, then there is a lot to learn from some one like KYY who actually benefited.

Its not just stocks and naming of stocks. ...it is the whole package deal.

Posted by aiinvestor > 2018-02-17 23:26 | Report Abuse

Wall Street veteran who predicted sell-off says bull market has 'years left'
https://www.cnbc.com/2018/02/16/wall-street-strategist-jeff-saut-predicts-bull-market-has-years-left.html