A superior investor is humble and acknowledges his limits
You’re buying companies… not pieces of paper
Emotion has no place in the market
Rules and metrics help drive rational decision making
Random walk is nonsense. Focus actions around trend changes
Take profits at regular intervals on the way up
Buy at regular intervals on the way down.. if fundamentals are still strong
Stay diversified across industry sectors and company size
You cannot predict overall market direction (see Rule#1)
From Seinfeld (episode #86). Investment success often involves doing the opposite of what every emotion and instinct is telling you