The Seven Deadly Investment
Sins are widely-held beliefs about investing that
are hazardous to your wealth. Beliefs that Master
Investors like Warren Buffett and George Soros
emphatically do not share.
For example, what’s the main topic of the
investment section of the newspaper — or
any financial TV program? What the market’s
going to do next.
This is an expression of what Mark Tier, author
of The Winning Investment Habits of Warren
Buffett and George Soros, calls “The
First Deadly Investment Sin: You have to predict
the market’s next move to make big returns.”
Not true. As George Soros himself puts it: “My
financial success stands in stark contrast with
my ability to forecast events.” And Buffett?
He simply couldn’t care less about what
the market might do tomorrow.
Another common belief is that to make big investment
profits you have to take big risks. Yet both Warren
Buffett and George Soros are highly risk-averse.
Paradoxically, when they invest they’re
far more concerned about not losing money than
about making it.
These are just two of the many traits these Master
Investors share that fly in the face of the conventional
investment wisdom.
Do you unwittingly subscribe to any of the Seven
Deadly Investments — any one of which could
be costing you a bundle of money?
To find out read Chapter 2 of Mark Tier’s
path-breaking book, The Winning Investment
Habits of Warren Buffett and George Soros
now! Just submit the form below...
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