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No. of Recommendations: 3
http://www.ritholtz.com/blog/2014/12/the-basic-simple-truths...
Today, I am going to suggest you take a different route: Focus on 10 basic, simple truths that many investors seemingly ignore. Some of you are unaware of these realities; others understand them intellectually but cannot act on your knowledge. These are the simple things that amateurs and pros alike get wrong.

There are no guarantees on Wall Street. But if you take the following admonitions to heart — and act on them — I will extend you this money-back guarantee: You will become a much better investor.

Enough chatter. On with the list:

1. Stock picking is a sucker’s game.


PF (X-posted at RELE)
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