Warren Buffett says the first rule of investing is never lose money. But I think you need a rule before that one. And I'm a computer science engineer, so I count from zero. I wrote before about the five pieces of an investment process. I also wrote that you have many choices on how to design your process for each piece. But how do you make those choices? You need to start with understanding yourself.
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Know thyself - the zeroth rule of investing
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Warren Buffett says the first rule of investing is never lose money. But I think you need a rule before that one. And I'm a computer science engineer, so I count from zero. I wrote before about the five pieces of an investment process. I also wrote that you have many choices on how to design your process for each piece. But how do you make those choices? You need to start with understanding yourself.