Browsing: Peter Wambu

The most important trait of great investors is the ability to set out and stick to a clear strategy. www.theexchange.africa

For any of the strategies you have chosen, you need to stick to it and ignore any other noise telling you otherwise. This is because, investing can get emotional, and it does not help that you can see how you are doing by constantly checking a stock ticker throughout the day.

No one can be certain which way the financial markets are going to move.

In an interview with CNBC in 2016, investor par excellence Warren Buffett said, “I don’t pay any attention to what economists say, frankly. If you look at the whole history of [economists], they don’t make a lot of money buying and selling stocks, but people who buy and sell stocks listen to them. I have a little trouble with that.”