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Sunday, May 9, 2010

Be Humble In Investing

By staying humble, we will at least have a chance to recognise and acknowledge a mistake, if and when we do make a mistake.

And when we do, it's utmost imperial that we correct our mistake(s) immediately and not hope and pray for the market to correct our mistake(s) for life is never always that kind to all of us.

Now if one is arrogant, would one ever admit that perhaps one is wrong in their stock selection?

"Only fools refuse to be taught. Wisdom calls out in a loud voice waiting to be heard." Proverbs

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