Making Money From Stock Is Talent or Luck?

koolgal
02-13

๐ŸŒŸ๐ŸŒŸ๐ŸŒŸ๐Ÿ“ฎ๐Ÿ“ฎ๐Ÿ“ฎTalent versus Luck - Which is more important when it comes to investing in the stock market?

Talent can be defined as a natural aptitude or skill.  However when it comes to investing it is not easy to have a natural aptitude for investing.  It is more important to develop a skill as something that a person becomes good at through practice and training. 

This means spending time to look at the facts about a business, about an industry and thoroughly evaluate the business before deciding whether to buy the stock.  To get really comfortable with reading company reports, profit and loss statements, balance sheet and also checking out the key persons in management whether their interests are aligned with their shareholders. 

Talent will come through due diligence on honing these skills.  

Luck is defined as success or failure apparently brought about by chance rather than through one's own actions.    

In the short term, one may experience good or bad luck but in the long term it is Talent /Skill that determine the results.

Talent comes through the honing in the knowledge and time put in developing a deep understanding of the markets. 

Ultimately success and making money from stocks come from Talent/skill. 

Warren Buffett is a great example of a person with such a talent.  It is not something that happens overnight just as Rome wasn't built in a day. 

However Talent alone is not enough to make money from stocks in the long run.  It is Time in the market and Patience that will shine through and the results are simply remarkable!

@Tiger_comments  @TigerStars  @MillionaireTiger  @CaptainTiger  @TigerClub  @Tiger_SG

Making Money From Stock is Talent or Luck?
A randomly successful trade is likely attributed to luck. However, if you make a substantial profit from it, you may begin to overestimate your abilities, believing you can always make money in the stock market, ultimately leading to losses. ---------------------------- Do you think making money from stock trading is talent or luck?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • ไธๆญป้ธŸ.
    02-14
    ไธๆญป้ธŸ.
    ๆœ€้‡่ฆๆ˜ฏ็ผบไธ€ไธๅฏ
    • koolgal:ย 
      May you have a Happy Healthy and Prosperous Lunar New Year ๐ŸŠ๐ŸŠ๐ŸŠ๐Ÿ“ฎ๐Ÿ“ฎ๐Ÿ“ฎ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ
    • koolgal:ย 
      Thanks for sharing your valuable insights ๐Ÿ˜๐Ÿ˜๐Ÿ˜
  • icycrystal
    02-14
    icycrystal
    thanks for sharing
    • koolgal:ย 
      Happy Lunar New Year ๐ŸŠ๐ŸŠ๐ŸŠ๐Ÿ“ฎ๐Ÿ“ฎ๐Ÿ“ฎ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ
    • koolgal:ย 
      May you have a Beautiful Day๐Ÿ˜๐Ÿ˜๐Ÿ˜๐ŸŠ๐ŸŠ๐ŸŠ๐Ÿ“ฎ๐Ÿ“ฎ๐Ÿ“ฎ
    • koolgal:ย 
      My pleasure ๐Ÿ˜๐Ÿ˜๐Ÿ˜
  • zuma
    02-14
    zuma
    thx
    • koolgal:ย 
      Happy Lunar New Year ๐Ÿ˜๐Ÿ˜๐Ÿ˜๐ŸŠ๐ŸŠ๐ŸŠ๐Ÿ“ฎ๐Ÿ“ฎ๐Ÿ“ฎ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ
    • koolgal:ย 
      Have a wonderful day ๐ŸŠ๐ŸŠ๐ŸŠ๐Ÿ“ฎ๐Ÿ“ฎ๐Ÿ“ฎ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ
    • koolgal:ย 
      My pleasure ๐Ÿ˜๐Ÿ˜๐Ÿ˜
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