“You don't think of what you want, you think about what you want to avoid and invert.” -Charlie Munger Charlie has been a big proponent of solving problems by inverting. The way it works is that if you are trying to succeed at something, you figure out all the ways that you could fail at it, and then pursue a plan that avoids those ways. Applying that to investing, how would you lose the most money possible? It would be by investing in bad businesses, at high prices, with weak balance sheets managed by dishonest or incompetent people. Avoiding all those attributes in an investment is very likely to improve your investing results. #Tempertrader #tradingphycology #mindsetforsuccess #tecphycoanalysis #successintrading #forex #forexforbeginners #novicetraders #forexknowledge #stockmarket #stocksanalysis #stocksforbeginners #tradingforbeginners #tradefromhome #howtomakemoney #howtomakemoneyfromhome #howtoearnmonneyfrommybedroom #lowrisk #lowrisktradingmethods #lowrisktradingstrategies #strategic #strategictrading #strategicinvesting #strategictradeplanning #strategicplanningofinvesting #tradingknowledge #setlonggoals #tradingbehavior #letsdoit #challengeaccepted https://www.instagram.com/p/CAsTB5DJyey/?igshid=3pon954lb7gf