I know that the crowd is usually right.
I know that no strategy works all the time.
I know that book value and dividends are harder to manipulate than sales and earnings.
I know not to listen to stock tips or market calls.
I know that buying low and selling high is how to make money.
I also know that virtually nobody buys low or sells high.
I know that when something can’t possibly…yes it can, and probably will.
I know that expectations matter a lot more than the actual number.
I know that calling a top or bottom is not a consistent way to make money.
I know that the market is always making all-time highs.
I know that there are approximately 4,000 variables that can affect markets.
I also know that the weight with which these variables affect markets are not constant.
I know that the market is frustrating.
I know that investing for retirement isn’t supposed to be entertaining.
I know that reading is the most important thing.