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Charlie Munger
A trend-focused trader reflecting on market strategies and personal performance enhancement.
trading
Friday, 15 March 2013
Are you prepared ?
"Being
prepared, on a few occasions in a lifetime, to act promptly in scale in doing
some simple and logical thing will often dramatically improve the financial
results of that lifetime. A few major opportunities, clearly recognisable as
such, will usually come to one who continuously searches and waits, with a
curious mind, loving diagnosis involving multiple variables. And then all that
is required is a willingness to bet heavily when the odds are extremely
favourable, using resources available as a result of prudence and patience in the
past."
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