Most people think trading means you need to be active. You sit in front of several screens, watch every price move, and buy and sell stocks all day.
I do the opposite.
Sure, I follow the market every day. I read earnings reports, look at charts, and track companies. But I don’t trade daily. My goal is to find one or two good opportunities a year.
That’s all.
Today’s stock market reminds me of 2011. Back then, the S&P 500 was still recovering much of what it lost in the 2008 crash. By 2009 it had dropped roughly 50% at its worst. Then it slowly started climbing. All the while, many investors were […]
In 1971, Charlie Munger and Warren Buffett invested heavily in a trading stamp company called Blue Chip Stamps. This is one of Buffett’s and Munger’s early trades, which is documented in some of the best investing books. At the time, many would have considered putting […]
The Ancient Greek philosophy of Stoicism has been around for more than 2300 years but is now more relevant than ever for investors. Those who want to build wealth in the stock market do well when they invest like a Stoic. The core idea of […]