2008年4月2日

David Fuller 的大智大慧

我的偶像David Fuller最近列舉了一些投資處世做人的方計,實屬暮鼓晨鐘,發人深醒,現列之如左:

1. Maintain a sense of humour. Without it, life is not worth living and you will not be able to view events in perspective.

2. Be a contrarian, buying low and selling high, or just holding onto what are arguably your best growth positions.

3. Avoid debt if you possibly can; the main exception for some being a temporary mortgage on the roof over one's head.

4. Maintain a cash reserve. It will be comforting, not to mention useful when others are panicking out of leveraged positions.

5. If you use leverage, build positions slowly within a trend, limiting your risk with trailing stops.

6. Conduct your own due diligence. Not many of us will have Buffett's brain for fundamental analysis. However you can emulate his vision and probably have the edge when reading price charts.

7. Avoid complicated financial products.

8. Whatever your specific skills and levels of experience, remember, in this business common sense is the most useful form of intelligence.

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