What is new in investing?
Sorry but for somebody who has been in the markets since 1979, I have NOT said anything new about investing which has not been said before.
If you find anything original in my blog, I can assure you it just means you have read less than me. Everything that I have written has been or had been said before in some form or the other. Either it is a life idea, a philosophical idea, a food idea, a health idea…and I have nicely made it sound original.
Seriously nothing original can ever be written by anybody in Investing. Almost everything is a re-hash even if it is by Morgan …or whoever.
So when Safal Niveshak said “I attended a lecture…and here is something” I read it for curiosity. Then I realized that almost all the finance and investment gyaan in the world is from 1900 to 2000 USA. This period it was USA which dominated world markets. It cheated and stole from the whole world and wrote the rules of finance (including my favorite: The Golden Rule of Investing is that the Man with the Gold makes the Rules). Well.
Sadly to understand markets it is easy to read and hope that things will be the same. I have learnt far more by being in the market – of the learning and the application. The way to learn about markets is the old Gurukul System..u need to live with a practitioner. That is a different topic..just read this..and tell me whats new..did I miss something?
http://www.safalniveshak.com/48-most-important-things-on-investing-howard-marks/
Kamelia B
Just read the article. There’s nothing new per se. But one could turn this list into a checklist and follow it.