Investing Rules

In no particular order:-

1. Compounding is the eight wonder of the world

2. Heads I win, Tails I don't lose much

3. Don't forget the base rate

4. Be patient

5. Think probabilisticaly

6. Trust the process

7. Time in the market is more important than timing the market

8. It ain't over till the fat lady sings

9. Everything is obvious in hindsight

10. It is better to be roughly right than precisely wrong

11. Be greedy when the odds are in your favour

12. Don't underestimate the role of luck/randomness

13. The trend is your friend

14. Sell down to your sleeping point

15. Rising tide lifts all boats

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