Quotes from the Investing Tips Q&A

“Try lots of things when you don’t have a lot of money. I think you need to find the approach that works best for your mentality and skill set. There are no fixed rules, there are no right ways in this industry.”

“There are fields where you don’t get immediate feedback about whether what you did was right or wrong and I think investing is at the extreme end of that spectrum. It is years between you making a decision and knowing whether it was right or wrong.”

“Try to understand the difference between luck and skill (even though it’s hard). Did you get lucky or was your process right?”

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