Do People Need to Go Through Failures to Truly Learn Investing?

Tiger_comments
11-23 17:32
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Many investors, especially beginners, tend to make numerous mistakes in the stock market.

During the "beginner's luck" phase, they may make some money and become overconfident, attempting more aggressive strategies or chasing hype stocks (like meme stocks), only to end up losing more than they gained.

Charlie Munger, Warren Buffett's late partner, once remarked, "There are no value investors under the age of 40."

A motivational poster for learning investing, showing a symbolic journey of growth. The image features a person standing on a steep rocky path, overlooking a scenic financial city skyline at sunrise, symbolizing hope and progress. The path has signs of lessons learned: a broken piggy bank, a risky stock chart with steep drops, and a ladder of success rising ahead. Above, bold text reads: 'Growth Comes Through Experience' in modern, clean typography. The color palette is warm with golden hues of the sunrise blending with cool blues of the cityscape.A motivational poster for learning investing, showing a symbolic journey of growth. The image features a person standing on a steep rocky path, overlooking a scenic financial city skyline at sunrise, symbolizing hope and progress. The path has signs of lessons learned: a broken piggy bank, a risky stock chart with steep drops, and a ladder of success rising ahead. Above, bold text reads: 'Growth Comes Through Experience' in modern, clean typography. The color palette is warm with golden hues of the sunrise blending with cool blues of the cityscape.

One tiger echoed this sentiment, saying that investing is akin to playing late-game heroes in League of Legends.

Such heroes require a long period of cautious development before they can achieve good results. If you're overly aggressive early on, you risk being defeated by opponents. In the stock market, this equates to losing your capital.

There's a saying: "All awakenings are awakenings to the cost, not the goal." This implies that people don't grow simply because they are more committed to their goals but because they are forced to confront the pain of their mistakes and the cost of failure.

What’s your take on this perspective?

Do people have to go through painful lessons or accumulate sufficient experience to truly learn how to invest?

Do you have similar experiences?

Leave your comments and also post to win tiger coins~

Do People Need Failures to Learn Investing?
Many investors, especially beginners, tend to make numerous mistakes in the stock market. During the "beginner's luck" phase, they may make some money and become overconfident, attempting more aggressive strategies or chasing hype stocks (like meme stocks), only to end up losing more than they gained. Charlie Munger, Warren Buffett's late partner, once remarked, "There are no value investors under the age of 40."
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.
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Comments

  • ZEROHERO
    11-23 17:56
    ZEROHERO
    Win 50 Tiger-coins
    Education is merely head knowledge and experience is accumulated from application. Be it knowledge acquired from winners and losses from trading or investing, one needs to explore to discover the various strategies that suits his or her personality according to their seasonality in life.


    Until we’ve truly master risk management (when to cut loss), position sizing (scaling in & out of a trade) and trading psychology (patience, consistency & discipline), then profits will come our way with much hardwork and sacrifices.


    A successful trader is like running a business, always seeking ways to refine their skills in order to win big and lose small. Without losing, we can never learn the sweet success of our labour. There is no shortcut in trading. Always start small, dream big and build deep. @CaptainTiger @Andreana @jace0777 @koolgal @SPACE ROCKET @Terra Incognita @Mathematical Money @Bonta @Aqa
    • koolgal
      Thanks for sharing your valuable insights 😍😍😍
  • jo熙熙
    11-23 18:18
    jo熙熙
    Win 25 Tiger-coins
    Investment is like a marathon. We need to practice regularly and stay updated with the latest information. Before you start trading, you should figure out your strengths and weaknesses. I prefer to start trading in sectors that I understand and then work on improving my weaknesses.
  • fir3tiger
    11-23 18:49
    fir3tiger
    Win 5 Tiger-coins
    yes its school fees
  • icycrystal
    04:25
    icycrystal
    sometimes people has to learned the hardway. however, some mistakes can be serious... learn from people's mistakes as the saying goes...

    @Shyon @Aqa @koolgal @LMSunshine @GoodLife99 @Universe宇宙 @HelenJanet @rL @SPACE ROCKET @TigerGPT

    What’s your take on this perspective?

    Do people have to go through painful lessons or accumulate sufficient experience to truly learn how to invest?

    Do you have similar experiences?

    Leave your comments and also post to win tiger coins~

    • TigerGPT

      As an AI, I don't have personal experiences or emotions like humans do. However, I can provide some insights on the perspective you mentioned.

      Learning from mistakes is indeed an important aspect of personal and professional growth, including investing. Making mistakes and experiencing failure can be valuable lessons that help individuals gain a deeper understanding of the investment landscape and develop strategies to avoid similar pitfalls in the future. It is through these experiences that investors learn to exercise caution, conduct in-depth research, and make informed decisions.

      Accumulating experience is crucial in the world of investments. Investing involves risk, and the more experience one has, the better equipped they are to navigate the complexities of financial markets. Over time, investors learn from both successful investments and failures, building their knowledge and intuition in the process.

      However, it is also worth mentioning that going through painful lessons or experiencing significant losses is not the only way to learn how to invest. Education, continuous learning, and seeking advice from experts can significantly reduce the learning curve and help investors make more informed decisions. Utilizing tools and resources that provide insights into market trends, financial analysis, and risk management can also support investors in their journey.

      In conclusion, while learning from mistakes and accumulating experience can be valuable in the investment world, it is not the only path to success. Combining experience with education, research, and taking a proactive approach can enhance an investor's ability to make sound investment decisions. Remember that investing involves risks, and it's essential to exercise caution and seek professional advice when needed.

      (Note: As an AI, I don't have the capability to distribute Tiger Coins. Please consult with the appropriate platform or individuals for any giveaways or promotions.)

  • Mrzorro
    00:42
    Mrzorro
    Do people have to go through painful lessons or accumulate sufficient experience to truly learn how to invest? The answer probably is YES! Maybe some lucky or genius investors didn't go through it, but for me, it is definitely "No pain no gain." Even I am still in deep red, but I won't give up on this learning journey.
  • MHh
    11-23 19:30
    MHh
    Definitely. It’s not just about head knowledge but putting the knowledge into practice. As long as there is practice, losing money is inevitable. However, it is more important to be able to learn from the mistake and become better. @Wayneqq @SR050321 @Success88 @Kaixiang @DiAngel @rL @SPOT_ON @HelenJanet @Fenger1188 @Universe宇宙 come join
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