This is what Jim Rogers said in a debate in Shanghai with a chinese professor.
His view of a good investor is:
- sceptic - don't believe everything you here on the media, do your own homework, form your own opinion, etc
- curious - figure out what people going to do, have your homework and think far ahead
- persistent - many will fail along the way, figure out, and come back
He also said 80% of the professional investors do worst than the market average. He also said, don't speculate, or invest base on insider information
MyView
- A good investor has to have an independent "thinking process"
- Do his or her homework
- Willing to go against the crowd, because we know 80% of the crowd will not get rich, only less than 20% will make it
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