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Learn how to take comfort in the unknown
Based on my 30 years in the markets, the single best lesson that I can impart to investors to dramatically improve their investment performance is one of my basic principles, “No one knows with certainty what is going to happen next.” Practicing this simple principle in my investment calls is in part responsible for consistently generating profits. Once an investor embraces the idea that no one knows with certainty what is going to happen next, the investor is free from cognitive bias and is able to analyze markets objectively. This simple idea is so powerful, that over years my followers have dubbed it Nigam’s ... (full story)