There's a fine line between genius and insanity, as we all know.
Visiting stores and testing products is one of the critical elements of the analyst's job.
The stock market really isn't a gamble, as long as you pick good companies that you think will do well, and not just because of the stock price.
Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.
When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.
The list of qualities (an investor should have) include patience, self-reliance, common sense, a tolerance for pain, open-mindedness, detachment, persistence, humility, flexibility, a willingness to do independent research, an equal willingness to admit mistakes, and the ability to ignore general panic.
Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.
Let the world change you and you can change the world
The Noor Al-Hussein Foundation (Light of Al-Hussein) was created to complement my husband's efforts to advance development in the country.
At first we will only skim the surface of the earth like young starlings, but soon, emboldened by practice and experience, we will spring into the air with the impetuousness of the eagle, diverting ourselves by watching the childish behavior of the little men or awling miserably around on the earth below us.
Six billion of us walking the planet, six billion smaller worlds on the bigger one. Shoe salesmen and short-order cooks who look boring from the outside - some have weirder lives than you. Six billion stories, every one an epic, full of tragedy and triumph, good and evil, despair and hope. You and me - we aren't so special, bro.