Lessons from the Greatest Stock Traders of All Time!

Lessons from the Greatest Stock Traders of All Time! Bernard Baruch--The intelligent, sophisticated financier whose trading success earned him great riches and entry into successful financial dealings. He believed that it doesn't really matter how high your IQ might be or what status you might have attained in some other profession, the market reacts indifferently to participants and doesn't really care who you might be as an individual. His views on determining the reasons why so many people lose money in the market is that they think they can make money by not working for it. He believed that most people view the market as the place where the miracle of great and quick riches can be performed with little effort. However, he proved that the market is not a place to expect riches without the required sacrifice that the market demands. Baruch believed that you simply must get the facts of a situation before you act and commit hard-earned money to a transaction. Baruch did not believe that one needed to diversify too much, but that it was better to have a few stocks and to watch them carefully. He thought that one could simply not know all the relevant facts concern