Lessons from Successful Stock Market investors

01:14 Mins Read

The world’s most successful stock market investors have a lot to teach the rest of us. Here are some lessons you’ll find useful.

Transcript

Lessons from Successful Stock Market Investors Here’s some investment advice from the market’s best investors, so you can see the path ahead more clearly. Lesson 1: Avoid making emotional investment decisions. What this means is that you should make level-headed and informed decisions. Don’t panic buy or panic sell. Lesson 2: It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. In other words, don’t just buy a stock because it’s cheap. Invest in quality stocks instead. Lesson 3: The key is to wait. Sometimes, the hardest thing to do is to do nothing. This lesson is to drive home the point that hyperactivity is not always good. Sometimes, patience is key. And you need to wait to make the right trade. Well, with these valuable lessons, you can trade smarter. And down the line, we have more lessons for you. Continue with Smart Money to find out more.