![Chapter 22 [I don’t know that I am ignorant]](/_next/image?url=%2Fimages%2Fblog%2Fjames-history-and-today%2Fen%2Fjames-history-and-today-0028-cover.png&w=3840&q=75 "Chapter 22 [I don’t know that I am ignorant]")
Chapter 22 [I don’t know that I am ignorant]
* Ignorant past. I didn't know what I was doing. ignorance! * Ten years of learning. Don't know anything at all. I don’t know that I am ignorant! * Five years of maturity. Understand the laws of the market and know how to choose stocks. Market bulls think it's their own ingenuity. * Five years of inaction. Understand the laws of the market and know how to buy long-term investments. Do nothing! * None: My future self. Do nothing, only recommend passive funds, hold them for a long time, and never sell them. none! * Ignorance: feeling the market
Source document: 2023.04.04第二十二章【不知道自己無知】.docx
Source:https://www.facebook.com/100063294665283/posts/556552669797884/
[James: Origins and Today] Chapter 22 - Not knowing that I am ignorant (04/04/2023)
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Ignorant past. I didn't know what I was doing. ignorance!
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Ten years of learning. Don't know anything at all. I don’t know that I am ignorant!
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Five years of maturity. Understand the laws of the market and know how to choose stocks. Market bulls think it's their own ingenuity.
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Five years of inaction. Understand the laws of the market and know how to buy long-term investments. Do nothing!
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None: My future self. Do nothing, only recommend passive funds, hold them for a long time, and never sell them. none!
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Ignorance: I feel that the market will rise or fall, and I enter and exit based on my feelings.
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I don’t know that I am ignorant: I have a little money, read a lot of books, understand technology, and understand financial reporting. I think I can predict the market and I think I can make money by operating. Very busy and pay a lot of taxes.
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Market bulls think they are smart: they make a lot of money, are busy, pay a lot of taxes, and think they are smart, but they are actually market bulls.
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Inaction: The market is always long, buy and hold until death, but never sell.
*None: No account (don’t know the actual assets of the account) and no market.
- Seeing mountains is mountains, seeing water is water, seeing mountains is not mountains, seeing water is not water, seeing mountains is mountains, seeing water is water again, the cycle continues until you see mountains, mountains and water are water.
All kinds of stock market speculators in the world are confused and lose their way in this cycle, and they keep going in circles, unable to make easy profits.
I bought Starbucks out of ignorance and it made me money.
I started studying technical analysis, thinking I could predict it.
I sold my Starbucks because of my knowledge. I also sold my apples, sold Amazon, and sold all the assets that could make me more money.
Investors can only start to make big money when they reach the stage of nothing and don't sell.
![Chapter 22 [I don’t know that I am ignorant] Picture 1](/images/blog/james-history-and-today/media/james-history-and-today-0028/image-01.jpg)
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