As Warren Buffett says, the secret to successful investing is to make as few decisions as possible. Each time you make another decision, it’s fraught with risk: the risk of choosing the wrong path. In the spirit of less being more, there are four quotes that I think should guide any investor. If you buy anything one step removed from a core investment, you’re usually buying into another layer of risk without realizing it. Just as roulette or blackjack is gambling, not investing, so is trying to discern short-term price movements.
Source: Forbes November 04, 2019 00:00 UTC