Do introverts make better investors?

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(18-08-2013, 01:55 PM)KopiKat Wrote:
(18-08-2013, 12:04 PM)LionFlyer Wrote: Investment is like growing and managing a garden.

It takes a lot of work, but at the same time, a lot of work does not mean plants will grow any faster. Watching plants grow can be quite... meditative.

IMO, not that similar... Pests can attack and kill your plants. In gardening, you're in control and can use pesticide or if it's caterpillars, physically remove them... In investments, unless you have a controlling stake, there's nothing much you can do to counter external threats. The only thing is to sell and switch to other stocks... which is what you could also do for your plants, change them to other more hardy plants...

I have a similar view, investment is like farming (or garnering, depending on the scale). In fact, this is the mindset to approach investment, including equity investment.

IMO, the use of pesticide for pest control is equivalent to hedging in investment. But we all know that no effective hedging available for market crash, the equivalent to natural disastrous for farming e.g. locust swarms, drought or typhoon.

BTW, the analogy of reservoir system is interesting, and should has no conflict among the two I assume...Big Grin
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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RE: Do introverts make better investors? - by CityFarmer - 19-08-2013, 10:18 AM

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