Investing: What To Do After A Few Losses?

Every time I lose money, I wish I had done it differently. Of course I say, "Why didn`t I do it differently?"

When you have a few bad things in a row, I stop to figure out what is going wrong. You cannot just say because the moon is wrong or the starts are wrong. You have to figure out and that to may be a time when you should do nothing for a while so you can calm down and not get too bogged down in the mistakes that you have made.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Investing Lesson: Managing Winning Streaks

This just comes from experience. Be very aware if you had a good streak and be more careful than you normally would and really you should probably restrain yourself and try to do nothing unless you are really, really sure because the hubris, the arrogance which comes from a  good trade or certainly from a lot of good trades wether we like to not we are all human. Probably you should close the window and read a book or something and do nothing for a while.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.