The must-read summary of Peter Mallouk's book: "The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right".
This complete summary of the ideas from Peter Mallouk's book "The 5 Mistakes Every Investor Makes and How to Avoid Them" states that not many investors get a huge return on their investments. According to Mallouk, the reason for this is because investors make five mistakes that stop them from investing in the right things.
The five mistakes are:
1. Trying to time the market
2. Active trading of stocks
3. Believing financial media will help you make money
4. Not recognising your biases
5. Getting a financial adviser
By recognising these mistakes and applying the ten features that make a good investor, you can avoid these pitfalls and start getting better returns.
Added-value of this summary:
• Save time
• Recognise the common mistakes
• Apply the ten features of a good investor
To learn more, read the summary of “The 5 Mistakes Every Investor Makes and How to Avoid Them” and start investing in the right things!
