Learn from your mistakes and evolve as an investor from "summary" of Common Stocks and Uncommon Profits by Philip A. Fisher
Investing in the stock market is not just about making money; it's also about learning from your mistakes and constantly evolving as an investor. One of the key principles highlighted by Fisher is the importance of reflecting on past investment decisions and understanding what went wrong. By analyzing your mistakes, you can gain valuable insights that will help you make better decisions in the future. Fisher emphasizes the need for investors to be humble and open to feedback. Instead of blaming external factors or luck for their failures, successful investors take responsibility for their mistakes and use them as learning opportunities. This mindset shift is crucial for growth and improvement in the world of inve...
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