TRAITS NEEDED TO BE A SKILLFUL INVESTOR

BENJAMIN GRAHAM

"The individual investor should act consistently as an

investor and not as a speculator."

WHAT IS A SKILLFUL INVESTOR?

An investor with a disciplined mindset.

Having done the research and analysis on the risk tolerance

of expected returns of the investment, it takes a great deal

of discipline for the investor to stick with their investment

strategy and have a course of action when the investment's

performance takes a turn for the worse. 

All of their investments should have alternatives built into

the strategy and the investor needs to have the discipline to

stick with this strategy.

  

GOAL ORIENTED IN A TIMELY MANNER

Every investor should be able to set

goals that they can achieve within a

reasonable amount of time. 

After setting these goals, they

should monitor their performance

and make adjustments to their

strategy from time to time.

Being a skilled investor means

you're able to think on your feet

when assessing market trends and

interpret events that may affect

your returns on the investment.

UNDERSTAND THE VALUE OF BEING IN CONTROL

Professional investing is not for the faint of heart.

Stakes can be high and a lot of capital can be on

the line, but an investor must be able to maintain

composure. 

The investors have no control over the market

itself, but they can control the diversification of

their portfolio and rebalance it when necessary.

BE KNOWLEDGEABLE Anyone can be a skilled investor if they have the time

and energy to devote to learning and absorbing

industry information.

Every investor should be knowledgeable, not only in the

businesses they plan to invest in but also different

industries, sectors, and geographies of interest.

One thing to always keep in mind is that the market

can be volatile. Investors should always assess risks and

be able to create a portfolio for long-term performance.

KNOW THYSELFInvestors should analyze their own investing style and be

able to manage their expectations throughout the stages

of investing.

This field of work requires the investor to thoroughly

consider their next move based on rational thought,

rather than acting on emotion. 

Being able to objectively look at your own performance

and identify areas of improvement will promote stability

and good performance throughout your career.