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Books

The Art of Execution

How the world’s best investors get it wrong and still make millions.
Lee Freeman-Shor

The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. Stand by your stocks as long as the fundamental story of the company hasn’t changed.

Peter Lynch

Certainly, you already asked yourself the question how to manage winning and loosing position in your portfolio.

This fantastic book analyses the behaviour of 45 of the best investors world wide between 2006 and 2013. The investors had between $20 to $150 million USD at their disposal, each.

The book is written very pragmatic without chitchat. The author groups the observed positive and negative behaviour patterns into five groups. He also discusses the underlying psychological phenomena that cause the behaviour. Can you recognise yourself?

Do you have the traits of a “rabbit” or are you a cold-blooded “assassin”?

The book is structured into the two parts “I am loosing – what should I do” and “I am winning – what should I do”. The concluding chapter summarises the observed “habits of success”. Finally, the author provides two checklists for winning and loosing positions.

Can you find the described behaviour patterns in your trading history in the 22 Dividends app?

If you are want to buy Lee’s book you can support us by buying it via this affiliate link:

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Categories
Books

One up on Wall Street

How To Use What You Already Know To Make Money In The Market.
Peter Lynch

The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. Stand by your stocks as long as the fundamental story of the company hasn’t changed.

Peter Lynch

Remember, things are never clear until it’s too late.

Peter Lynch

Peter Lynchs’ book “One up on Wall Street” from 1989 is a must-read for new investors. It already sold over one million copies and the provided advice doesn’t get old.

In his book, Peter explains his approach to the stock market with a focus on individual private investors: How to pick stocks? Which stocks to avoid? How to design a portfolio and do risk management? He also explains why individual investors have an edge over institutional ones.

The concepts and ideas of Peter’s book One Up on Wall Street serve as an inspiration for the design of the 22 Dividends app.

If you are want to buy Peter’s book you can support us by buying it via this affiliate link:

Amazon Kindle