DAILY WALL STREET WISDOM · #013
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“The stock market is designed to transfer money from the active to the patient.”
🇺🇸Warren Buffett
CEO, Berkshire Hathaway
WHAT IT MEANS
Overtrading is one of the biggest wealth destroyers for individual investors. Each transaction incurs costs and taxes, and the urge to constantly act usually leads to buying high and selling low.
mindset