Chapter Twelve: Master the Art of Behavioral Investing
Real-time final draft manuscript | Quality Value Investing: How to Pick the Winning Stocks of Enduring Enterprises
Summary
Rational thinking, discipline, and patience are crucial for successful stock market investing.
Many investors need to understand better the mental traps that can undermine stock picking and portfolio construction, whether managed professionally or by individual investors.
Mastering behavioral investing bridges the growing gap between psychology and finance.
Quality-driven value investors apply rational thinking to continually enhance their investment knowledge, demonstrate discipline in conducting thorough research to find quality publicly traded companies with stock prices that offer wide margins of safety, and exercise patience while waiting for the compounding growth of capital gains and dividends to accumulate personal wealth over time.
Highlights of Chapter Twelve: Master the Art of Behavioral Investing
The Art of Rational Investing
Why Predictive Analysis Is the Fool’s Game
Placing Bets Contradicts Quality Value Investing
In Business, Rational Thinking Outperforms Emotion
The Art of Disciplined Investing
Get to Know the Business
Commit to Fair Valuations
Understand and Accept the Risks Involved
The Art of Patient Investing
Quality-Driven Value Investing Demands Patience
Patience Finds the Needles in the Haystack
Be Willing to Invest and Hold Forever
Click below to begin or further the art of behavioral investing.
You can also click on the manuscript’s QVI webpage, where you can read or listen to this and all previous completed chapters.
https://davidjwaldron.substack.com/p/quality-value-investing-upcoming
