Play, Put Up & Shut Up
…Continued from yesterday…This is the fifth and last in a series of articles about the 23 winning investment habits of the world’s wealthiest investors including Warren Buffet, George Soros, and others that began March 12, 2007 with the article entitled “Habits of the World’s Master Investors”.
VI. Make Your Work Your Play
1. Relate investing to satisfaction of your personal values (likes, dislikes, and priorities), not merely for the money (20).
2. Love the process of investing, not the particular assets purchased (21).
3. Live and breathe investing 24 hours a day (22).
VII. Put Up And Shut Up
1. Invest and trade your own money. If you are managing other people’s money, put your own money into the pool along with your clients’ money (23).
2. Keep as a secret your open positions and intended investments. Avoid telling other people about them (17).
continued next week ...
Copyright 2007 Raymond T. Lee. All rights reserved.
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