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Don't chase performance from "summary" of The Little Book of Common Sense Investing by John C. Bogle
The most important lesson I can impart on investors is to resist the temptation to chase performance. This notion is deeply ingrained in the investment world, where individuals are constantly seeking the next big opportunity to make a quick profit. However, this mentality often leads to chasing performance, which can be a dangerous game to play. Many investors believe that by following the latest trends or investing in the hottest stocks, they can outperform the market and achieve higher returns. However, this approach is based on speculation rather than sound investment principles. In reality, trying to time the market or pick winning stocks is a risky endeavor that i...
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