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Lessons, from Henrik Andersson

2007-06-12 ยท Henrik Andersson
Original source

Nothing has inspired me more in my investing career than Vic and Laurel's books. Between May 3, 2004 and June 1, 2007, I recorded every trade I did and some of the thoughts behind them, and published them in near real time. Some of the things that I have learned from Vic and Laurel and tried to apply to my own trading:

  1. The media will almost always make you lean the wrong way.
  2. Don't take market wisdom for granted. Many precepts don't hold up to testing.
  3. It pays to be an optimist in the stock market.
  4. The concept of 'trend' is backward-looking.
  5. Count.