More concept, ideas and investment strategies with Jitta
What does “The person that turns over the most rocks wins the game.” mean?
from Peter Lynch Investment Thoughts
According to Peter Lynch, “With investment, the person who works hard, spends their time on research and analysis of the stocks to find a good one at cheap price will make big profit.” In the world of investment, people tend to prefer easy profit, such as “hot” stocks and buying based on insider tips, but they don’t like the hard work of reading financial statements or researching and analyzing a company’s quality and fair value. However, easy profit tends not to last and will be eventually gone. In the long term, if we truly want to build wealth in the stock market, we need to carry out those hard works so that the money we make comes from our skills and is sustainable. Of course, the same principle applies not only with the stock market. If we want to succeed in something, we must keep practicing and get over the hurdles to make it happen.
Today, Jitta can help make those hard works much easier by providing you with all the stock analysis. The next most important thing is gaining the decision making and investment experience (using information from Jitta and other sources) that will help you pick the stocks to invest in better and better.