Focus. Study and analyse the figures in investing. Study how the trend goes. Keep yourself updated by reading business books, news, etc. and about the economy. Religiously follow the stock market. Eat, breathe and sleep the stock market you will definitely improve your success in investing.
Practice hard work and diligence. Practice hard and continue to study in order to be successful. Warren Buffett spends 75 to 80% of his time reading while the rest is spent talking on the phone, playing bridge and a little bit of time buying or selling investments.
Passion. Loving what you are doing. Try to emulate Buffett's passion by reading as much as you can on the companies or stocks that you like; keeping abreast with the latest developments; spending time to look at charts, earnings, corporate and macroeconomic statistics and anything to do with stocks and markets.
Perserverance and determination. In the stock market there will be always failures and mistakes. You must have a fortitude and resolve to stay in the game. Success is more meaningful after overcoming failure. With blood, sweat and tears, victory is sweeter.
Learning from mentors. Virtually anyone can benefit from a mentor.
Learning from the greats. You can learn from the greats like Warren Buffett, Benjamin Graham, Philip Fishers, Peter Lynch, and George Soros.
Having competent team. In investing you the need the advice from other people who are knowledgeable.Get a competent stockbroker who gives good advice. Invest with an experienced fund manager who will grow your portfolio.
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