Wednesday, December 28, 2011

Traits of a good investor

•Is truthful to himself and knows his limitations
•Is able to say that I don’t know this. So he won’t invest in these regardless it might offer bountiful opportunities
•Is a good reader
•Is humble in success
•Is disciplined – follows his investing process regardless of the outcome
•Is always eager to learn new techniques of investments and tries to replicate good ones in his own investment strategies
•Is mostly frugal – spends wisely
•Is realistic in achieving the targeted returns
•Is a good capital allocator
•Understands businesses, competition well

Will try to find more and put it across…

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