http://www.investorgeeks.com/articles/2005/11/29/the-importance-of-buying-what-you-know/ Learning and sharing investment knowledge. Thu, 17 Mar 2011 02:30:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.investorgeeks.com/articles/2005/11/29/the-importance-of-buying-what-you-know/#comment-18 Make Better Investment Decisions on InvestorGeeks Thu, 01 Dec 2005 14:05:20 +0000 http://www.investorgeeks.com/?p=28#comment-18 [...] Summary The 3 steps above seem simple enough, but the decisions made will vary highly based on the quality of data going in. It should be clear that to make BETTER investment decisions one needs to either make BETTER observations or be MORE ACCURATE in determining who will profit (and by how much). This is where Chris’ Tuesday post on The Importance of Buying What You Know is so important. Being knowledgeable and up-to-date on an industry, sector, or company will mean your observations will be more meaningful. That means you’ll make better investments. That means you’ll make more money. [...] [...] Summary The 3 steps above seem simple enough, but the decisions made will vary highly based on the quality of data going in. It should be clear that to make BETTER investment decisions one needs to either make BETTER observations or be MORE ACCURATE in determining who will profit (and by how much). This is where Chris’ Tuesday post on The Importance of Buying What You Know is so important. Being knowledgeable and up-to-date on an industry, sector, or company will mean your observations will be more meaningful. That means you’ll make better investments. That means you’ll make more money. [...]

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