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Do Few Things Right, Avoid Big Mistakes
“An investor needs to do very few things right as long as he or she avoids big mistakes.” - Warren Buffett
This old man is so right. If I had held on to my stock after the ex-dividend date my portfolio value would have grown by at least 10%. Instead I sold the stock and traded in a few stocks hoping to make even more money. Of course, things almost always never turn out the way we plan. Now, my portfolio has declined by almost 10%.
Once again Warren Buffett has proven to me that how correct he is. I need to find and make a list of his quotes. Also not to forget his annual letters to the shareholders. I should read all all these. It’s better to learn this way than learning the hard way.