• Walk away from investments that are too hard to figure out
  • Don’t overly rely on third party data when studying a company. There may be inaccuracies
  • Don’t wait for an upbeat economic forecast to invest. Accept the REALITY that the future is always uncertain
  • Don’t let what is important and unknowable get in the way of what is important AND knowable. Many make this mistake and waste a lot of time
  • Don’t risk what you need for what you want and do not need. This has been a recipe for tragedy for many
  • Get good at accounting! It’s the language of business

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