Saturday, August 1, 2009

Investing is Not a Zero-Sum Game

Investing is not a zero-sum game for all investors. Investing need not be a system where someone has to outsmart someone else in order to win. Where there is a loser for every winner. Yet, that is the way most Wall Street would-be pundits operate today.

The truth is, there is no perfect investment strategy. Sticking to one’s strategy; that is discipline, is the answer. Discipline is the solution because it logically helps tilt the odds for investment success in your favor. I have done my research and checked that of independents with no axe to grind, and it has taken me years.

Adjusting the odds for success favorably is the ultimate investment goal. Discipline of strategy and not changing it constantly, does that.

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