Parth Patel (@beingparthpatel) 's Twitter Profile
Parth Patel

@beingparthpatel

Understanding how life works. On the way to $1BN.

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calendar_today17-07-2017 21:55:29

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Every market gives us an opportunity to learn new lessons. You will find the tuition much less expensive if you can learn from other peoples mistakes rather than your own.

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When you invest in any business, you need to understand the business, Excel will not give you conviction when it's needed the most.

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To perfectly time equity markets during that downturn, an investor would have needed the resolve to rebalance into that dire economic backdrop.

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False equity market bottoms also make it difficult to identify a true bottom. Two of the five downturns we reviewed (2000–02 and 2007–09 downturns) contained so-called “relief rallies” when equity markets pared back some of their losses. Both rallies were considerable,

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Try to understand the appearance of the new. Everybody in the world wants to become new, because nobody is satisfied with the old. Nobody will ever be satisfied with the old because whatsoever it is, you have known it. Once know it has become repetitive, once known it has