My youtube homepage showed me a TED video from A. Rastani, entitled “biggest lies investing”, and I thought it was worth it taking some notes directly into the blog, along with some useful links if you are interested in the subject. Title a bit misleading, and only one concept repeated, but some interesting quotes worth mentioning.
Buy low, sell high
- “Be fearful when others are greedy and be greedy when others are fearful” – Warren Buffet
- “Buy when blood is running on the street” – J. D. Rockefeller
Economy not correlated to the stock market
- “If you spend 13 minutes thinking about economic forecast you’ve wasted 10 minutes” – Peter Lynch
As a further proof of truth of the principles above, you can look at the 2008 economy crash, after which in 2009 the stocks value went up 60%, and I think that’s what happened in the UK after Brexit (June 2016)
The video here: