Wednesday, 29 May 2019
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ASX Education: Ten Investment Rules

I have been writing the Marcus Today newsletter for over twenty years and read something called "Farrell's Rules" over thirty years ago. There is an article about 'Farrell's Ten Rules' below which you might find interesting, but as I read them, I realise they are a bit old, and I'm sure we can do better.

Everybody has their system, conscious and unconscious. Given a stock code, we all tend to go through the same routine, through habit rather than brains, and the more experienced we get, the less we change that routine. But as Einstein supposedly said " “The definition of insanity is doing the same thing over and over again, but expecting different results.”

If your 'system' worked, and if my system worked, you wouldn't

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