I just published an article on Substack going into detail on 16 of my top 'rules of thumb' for investing.
I wanted to share these rules with Commonstock to see if you agree/disagree with these or have any more to add.
#1 - Look for Skin in the Game' wherever possible
#2 - Embrace being uncomfortable
#3 - Be weary of following the crowd
#4 - Avoid thinking in black and white
#5 - Remember, the retail investor always comes last
#6 - Tune out the noise
#7 - Buy, and then do nothing
#8 - Be weary of bubbles
#9 - Check your emotions when making important decisions
#10 - Ignore short term earnings, focus on the core thesis
#11 - Think two steps ahead. Identify trends and act accordingly
#12 - Enjoy the 8th wonder of the world - compounding.
#13 - Buy what you know
#14 - If in doubt, zoom out
#15 - There is never a perfect time to invest
#16 - Never compromise on quality