Key Insights from "One Up On Wall Street - How To Use What You Already Know To Make Money In The Market"
- Invest in what you know: Start with companies or sectors you are familiar with because you work in them or you use their products or services.
- Ignore hot tips and recommendations: They are usually based on rumors, not facts or sound analysis.
- Research is key: Research a company thoroughly before investing in it. Look at its financial health, competitive position, and growth prospects.
- Look for a strong competitive edge: Companies that have a strong competitive advantage are...