Journal of a Professional Irish Gambler

" The wise investor recognizes that success is a process of continually seeking answers to new questions using bets."   - JOHN  TEMPLETON " THERE’S NO FREE LUNCH " Never invest in an initial public offering (IPO) to “save” the commission. That commission is built into the price of the stock.  DO NOT BE FEARFUL OR NEGATIVE TOO OFTEN. For 100 years optimists have carried the day in U.S. stocks.  Even in the dark ’70s, many professional money managers and many individual investors too  made money in stocks,  especially those of smaller companies  OUTPERFORMING THE MARKET IS A DIFFICULT TASK BEGIN WITH A MEDITATION - LEARN FROM YOUR MISTAKES. Forgive yourself for your errors. DON’T PANIC. Don’t rush to sell the next day.  The time to sell is before the crash, not after.  Instead, study your portfolio.  If you didn’t own these stocks now,  would you buy them after the market crash? AGGRESSIVELY M...