Can you really make more money by just sitting on your butt?
You bet you can.
Indeed, if you're not a “butt-sitting” investor some of the time, you've increased your chances of losing money in the markets.
As legendary trader Jesse Livermore put it: “It was never my thinking that made the big money for me, it always was sitting.”
And George Soros, the world’s richest trader: “To be successful, you need leisure. You need time hanging heavily on your hands.”
And Warren Buffett, who spends most of his time “sitting on his butt” reading annual reports, says: “When there’s nothing to do, do nothing.”
How you can make more money by just sitting on your butt is just one of the many "contrarian conclusions" you'll find in this free eBook.
Conclusions I've usually come to the hard way: by losing money or missing out on a slam dunk opportunity.
You’ll find some others in this “mini”-book, including—
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- Why diversification is one of the “7 Deadly Investment Sins”
- ?How to avoid getting suckered by a stock’s “sizzle”—and focus on the steak (if there is any!)
- Why, if there are any shortcuts to wealth, the much-touted “theory of contrary opinion” isn’t one of them