Do People Need to Go Through Failures to Truly Learn Investing?
Many investors, especially beginners, tend to make numerous mistakes in the stock market.
During the "beginner's luck" phase, they may make some money and become overconfident, attempting more aggressive strategies or chasing hype stocks (like meme stocks), only to end up losing more than they gained.
Charlie Munger, Warren Buffett's late partner, once remarked, "There are no value investors under the age of 40."
A motivational poster for learning investing, showing a symbolic journey of growth. The image features a person standing on a steep rocky path, overlooking a scenic financial city skyline at sunrise, symbolizing hope and progress. The path has signs of lessons learned: a broken piggy bank, a risky stock chart with steep drops, and a ladder of success rising ahead. Above, bold text reads: 'Growth Comes Through Experience' in modern, clean typography. The color palette is warm with golden hues of the sunrise blending with cool blues of the cityscape.
One tiger echoed this sentiment, saying that investing is akin to playing late-game heroes in League of Legends.
Such heroes require a long period of cautious development before they can achieve good results. If you're overly aggressive early on, you risk being defeated by opponents. In the stock market, this equates to losing your capital.
There's a saying: "All awakenings are awakenings to the cost, not the goal." This implies that people don't grow simply because they are more committed to their goals but because they are forced to confront the pain of their mistakes and the cost of failure.
What’s your take on this perspective?
Do people have to go through painful lessons or accumulate sufficient experience to truly learn how to invest?
Do you have similar experiences?
Leave your comments and also post to win tiger coins~
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
直到我们真正掌握了风险管理（何时止损）、头寸规模（进出交易）和交易心理（耐心、一致性和纪律），那么利润将通过大量的努力和牺牲来到我们身边。
一个成功的交易者就像经营一家企业，总是在寻找方法来完善自己的技能，以便赢大输小。没有失败，我们永远无法学到我们劳动的甜蜜成功。交易没有捷径。永远从小处着手，梦想远大，建设深厚。 @CaptainTiger @Andreana @jace0777 @koolgal @SPACE ROCKET @Terra Incognita @Mathematical Money @Bonta @Aqa
Charlie Munger once said, “There are no value investors under the sage of 40.” His point? True investing wisdom comes from trial and error. Failures teach critical lessons: the importance of patience, risk management, and emotional control. A loss drives home the dangers of overconfidence and highlights the need for diversification and long term thinking in ways theory never can.
While some may learn through observation, most need to feel the sting of a poor decision to internalize the discipline required. In the end, failure isn’t the opposite of success - it’s a crucial step towards becoming a better investor.
no, there's demo account!
@Shyon @Aqa @koolgal @LMSunshine @GoodLife99 @Universe宇宙 @HelenJanet @rL @SPACE ROCKET @TigerGPT
What’s your take on this perspective?
Do people have to go through painful lessons or accumulate sufficient experience to truly learn how to invest?
Do you have similar experiences?
Leave your comments and also post to win tiger coins~