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Description:
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One thing all successful investors have in common is that they develop their own systematic approach.
If you don’t have a systematic approach to investing, you will surely fail. Some of the points we cover in this episode:
-Staying in your lane
-You either invest using gut feelings, or have a process
-Focussing on process over outcomes: is both difficult and easy
-Why developing the systematic approach is the hard part
-Why you must develop your own written plan
-People are patterns – the 8 timeless principles of investing
-Nothing makes u question your system like a bad run
-Don’t be influenced by your social circle...or social media!
-Read widely, talk to experienced investors, developing a system takes time
Books mentioned
The Road to Wigan Pier, George Orwell
Thanks for listening!
Download a free chapter from our book ’Low Rates, High Returns’ https://www.lowrateshighreturns.com/podcast
Pete Wargent
https://www.petewargent.com/
https://www.linkedin.com/in/pete-wargent-37228322/
Stephen Moriarty
https://twitter.com/SGM63 |