CALDEIRÃO DE BOLSA

..investing is not the study of finance. It’s the study of how people behave with money. And behavior is hard to teach, even to really smart people. You can’t sum up behavior with formulas to memorize or spreadsheet models to follow. Behavior is inborn, varies by person, is hard to measure, changes over time, and people are prone to deny its existence, especially when describing themselves.

Focus on stocks that have already proved themselves and you will have a much better chance of finding the next superperformer.

Remember the lesson on time value: thanks to the power of compounding,
if you can get a small but consistent return and repeat it over and over, it
could be far more productive than trying for a bigger return that takes several
months or even years to produce.

Your money should always be moving to where you are going to reap the best performance, and moving out of troubled situations that put your capital at risk.

The way to make big money in stocks is to be
concentrated at the right time—when things are working and moving in
your direction—and to trade lightly when trading gets difficult.

Instead of worrying about selling at the high or buying at the low, concern yourself with what trading is about: making a good-size profit and repeating it over and over.

We are in the business of making mistakes. The only difference between the winners and the losers is that the winners make small mistakes, while the losers make big mistakes. - Ned Davis

To make money in stocks you must have the vision to see them, the courage to buy them and the patience to hold them.
Patience is the rarest of the three. - Thomas Phelps