Five rules of successful investing summary
Reasonable>rational, Surprise & Room of error
Reasonable>>>>rational There are players, very clever, who often taste losses because they are being rational, always try to have a logical perspective in terms of finance and life. Sometimes you have to be more realistic, more reasonable because every time thing doesn't go as you want, as you have thought logically. Julius Wagner-Jauregg was a 19 th -century psychiatrist who had two unique skills: one being recognizing patterns and the second being seeing everything in a possibly logical way. He won a noble prize in medicine in 1927 for cure mental disease by inducing a fever. Wagner-Jauregg is one of the only doctors in history who recognized the fever's role in fighting infection and also prescribed it as a treatment. But that's where the science ends and reality sets in. fever is almost universally seen as bad. And people don't want to induce fever in their bodies for fighting infection. Instead, they want to be treated with drugs like Tylenol to ...
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