Complete summary of Peter Mallouk's book: "The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right"
This summary of ideas from of Peter Mallouk's book "The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right" states that not many investors get a huge return on their investments. According to Mallouk, the reason for this is because investors make 5 mistakes that stop them from investing in the right things.
The 5 mistakes are:
1. Trying to time the market
2. Active trading of stocks
3. Believing financial media will help you make money
4. Not recognizing your biases
5. Getting a financial advisor
By recognizing these mistakes and applying the 10 features that make a good investor, you can avoid these pitfalls and start getting better returns.
Reasons to read this summary:
ﻡ؟ﺵ Save time
ﻡ؟ﺵ Recognize the common mistakes
ﻡ؟ﺵ Apply the 10 features of a good investor
To learn more, read the summary of ﻡ؟ﺵThe 5 Mistakes Every Investor Makes and How to Avoid Temﻡ؟ﺵ and start investing in the right things!
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