I was following up a story on an investor blog site and came across a particularly brilliant insight into investing and in particular the mental processes most of us go through as we research, buy, sell and pontificate...
I found myself nodding madly as I read this self analysis and suggest other forum members might get similar insights. It's not short but well worth the trouble.
Look forward to hearing your thoughts
What did I find most useful ?
1) Recognizing that there is no way anyone can properly pick top and bottoms in market. Don't stress about it.
2) Being patient with shares. If the original reason for buying the shares still holds then inevitably there will be commercial success ( hopefully...) and this will be reflected in the SP
3) Take a broader perspective. Spending ones life glued to screens and being mesmerized by the minute by minutes swings in share prices is a waste of a good life.