There is one nice story in new book about Warren Buffet life - Snowball. Warren Buffet was having dinner with his family and friends and Bill Gates was among them. One of their friends asked Warren what he think is the most important human characteristic you need to have to achieve success in business. Warren Buffet and Bill Gates both simultaneusly answered: "Focus". I do not think it is coincidence they were / are one of the wealthiest men in world.
And this is reason why you will not see stock pick recommendations on this blog. Nor will I dip into financial statement analysis. I like to take a look on big picture because this is how is my brain hard-wired. My way of trading / investing (i do not make difference between trader and investor and i will get into it in later posts) is more global macro and less stockpicking. As there are countles flavours of ice-cream there are also countless number of trading styles. I do not think this one is the best. It is just one which fit to me. So i will try to stick to it and make some good posts about it and hopefully will find some readers. So you could look forward to it :)
No comments:
Post a Comment