The difference is not due to the ability to guess what will happen in the future, nor to the knowledge of magic formulas: what distinguishes ones from the others is the ability to avoid investment errors that can be lethal.
Financial markets do not come with an instruction manual. In schools and universities it is not explained much either, beyond the basics. Thus, in the absence of a solid financial education, most investors are trapped by media noise, passing fads, the illusions of dividends, emotional traps, and technical deficiencies, to cite a few examples. The end result is usually the same: mediocre, or even negative results. To succeed in the stock market you don't need to be a math genius; you need to master the game and avoid the flaws that destroy portfolios. In this practical and rigorous 346-page guide, Frank Amat identifies and analyzes in detail the investment errors that keep us away from success. What you will discover in the 41 chapters of the book: Basic and approach errors.Common errors.Psychological errors and biases.Technical and valuation errors.
The difference between failure and financial success is due to errors you can avoid