So, will the two most successful investors in the world have something in common?
Incredibly, Mark Tell proved in this groundbreaking book that Buffett and Soros have exactly the same thinking habits and methods; What is even more incredible is that legendary investors such as Peter Lynch, Sir john templeton, bernard baruch and Benjamin Graham all follow the same habits and methods.
Mactell believes that the success of investment depends on your investment habits. In this book, he summed up 23 investment habits and guided Buffett and Ross to glory, which they both sincerely pursued. These 23 years of investment habits cover almost all aspects of the investment community. You will see how your investment habits make your investment successful or lead to your investment failure. As long as you learn from these 23 habits and make your own investment ideas according to your own situation, you can become a winner in the investment market.
I believe that if there is anything in common between Buffett and Soros, it may be crucial and may be the secret of their success. How can you ignore the ideological collision between the two greatest investors in the world?
About the author Mark? Thiel is an Australian writer and businessman who lives in Hong Kong. The investment newsletter World Financial Analyst was published and edited from 199 1. The essence of market cycle, How to get a second pass and the best-selling book Understanding Australian inflation were also published from 1974.
In the 1990s, he was a marketing consultant and lawyer, and helped to establish five very successful investment publications. He graduated from Australian National University, majoring in economics, and is also a senior supervisor of neuro-linguistic programming.
His articles on investment and other issues appeared in Time and South China Morning Post.
Six years ago, he adopted Warren? Buffett and George? Soros's winning investment habit sold all his commercial rights and interests and has been specializing in investment since then. The editor recommended that Buffett and Soros could not be worse. If they can do anything, it may be crucial, perhaps the secret of their success.
Failed investments are usually confused by these seven fatal investment beliefs:
Fatal investment belief 1: superstitious prediction. If you want to make a lot of money, you must first predict the next move of the market.
Fatal investment belief 2: superstitious authority. Even if I can't predict the market, others will. All I have to do is find such a person.
Deadly investment belief 3: superstitious insider information is the way to make big money.
Fatal investment belief 4: superstitious diversification.
Fatal investment belief 5: superstitious adventure. If you want to make big money, you have to take big risks.
Fatal investment belief 6: superstitious tools. I think investment depends on a system that can guarantee the return on investment.
Fatal investment belief 7: superstitious market inevitability. I know what will happen in the future, and the market will definitely prove me right.
The most successful investors in the world, represented by Buffett and Soros, will not enter the market with dogmatic ideas, and their way of thinking and investment habits are diametrically opposed to the traditional wisdom of Wall Street:
They don't make diversified investments. When they buy, they always buy as much as possible;
They will tell you that their success has nothing to do with predicting the future trend of the market or economy;
What they value is not the expected profit. In fact, they don't invest for money at all;
They don't believe that they can make big money only by taking big risks. In fact, what they value more is not losing money or making money.
Their views on the nature of the market are strikingly similar-they all laugh at academic theories such as efficient market hypothesis and random walk;
They never read the research reports written by Wall Street. They don't care what others think.
Mark? In this book, Thiel believes that the success of investment depends on your way of thinking and investment habits. Guide Warren through analysis? Buffett and George? Soros's winning investment habit is brilliant, mark? Thiel revealed the common investment habits of all successful investors. And every winning habit is very simple, so you can learn by yourself easily.
Are you imagining Warren? Is Buffett looking for bargains in the stock market, or is he like George? It doesn't matter if Soros does currency futures trading like that. As long as you adopt Warren? Buffett and George? With Soros's winning investment habit, you can create unimaginable achievements and make more money more easily.