SMART INVESTOR: 'Fancy Equipment Doesn't Guarantee Success'
Investopedia Vice President Shauna Carther recently made some fascinating links between the strategy that goes into professional golfing and the everyday ups and downs of
Here's our favorite:
Fancy Equipment Doesn't Guarantee Success
Just because you decide to splurge on a custom set of clubs does not mean you'll be winning tournaments and rubbing shoulders with the pros at the Masters.
Nor does it increase your likelihood of landing a hole-in-one.
In the same vein, purchasing expensive trading software does not mean you will find winning investments every time. There really is no foolproof way to pick investments.
Fundamental and technical analysis might glean the probability of where an investment is headed (just as that custom driver might give you a longer drive), but in essence, price movements are largely unpredictable – especially for equities.
- JSW Steel Q4 net profit falls 65% to ₹1,322 crore
- Sensex climbs over 250 pts on buying in Reliance, M&M
- 7 healthier and tasty alternatives to ice cream
- Rupee rises 17 paise to close at 83.33 against US dollar
- More Indians are travelling than ever before, as 97 mn passengers took flight in Q1 2024: Report
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market