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To Make a Lot of Money, Observe the Future
“The main purpose of the stock market is to make fools of as many men as possible.”
When it comes to investing, it’s easy to get swayed by what the news, rumors, and other people say. A lot of people want to make money in the stock market so they become careless. And lose their investments instead.
There is conflicting information and news stories about investing. Even finance experts have different opinions about it.
But if you really want to make a lot of money, the secret isn’t with the news. But in observing the future.
Bernard Baruch, an American investor who made his fortune in the early 1900s, said that a successful trader and investor is someone who “observes the future, and acts before it occurs.”
Making money in the market isn’t about reacting to sudden price movementsor the news. Instead, it’s about envisioning the future and making moves aheadof time.
- In the 1900s, the completion of railroads stimulated the development of towns and communities. This made railroad companies highly valuable.
- Then the internet came around and people began pouring money into tech companies.
- Now, AI is getting into the news and investors are looking…