2821: 6 Principles The Best Investors Use to Crush The Market by Phil Town on Investment Advice
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Episode 2821:
Phil Town shares six timeless principles from the Rule #1 strategy that top investors like Warren Buffett and Charlie Munger use to achieve outstanding market returns. These principles emphasize rational decision-making, deep business understanding, investing in companies you believe in, waiting for market opportunities, reducing risk through basis reduction, and developing a comprehensive investment thesis. Discover how these strategies can transform your investment approach and help you achieve financial success.
Read along with the original article(s) here: https://www.ruleoneinvesting.com/blog/investing-news-and-tips/6-principles-the-best-investors-use-to-crush-the-market/
Quotes to ponder:
"Rule #1 states 'Don’t lose money,' and these 6 principles are always on my mind to help me avoid violating that critical rule."
"Fear of losing more than you can afford to lose tends to make the mind go irrational. You start guessing."
"Love what you own. Put your money where your values are."
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