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Buy and Hedge: The 5 Iron Rules for Investing Over the Long Term by Wayne Ferbert, Jay Pestrichelli

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13. Unleash Your Inner Guru

“Rule #76: No excuses. Play like a champion!”

—Jeremy Grey (played by Vince Vaughn) to best friend John Beckwith (played by Owen Wilson) in the hit movie Wedding Crashers (2005)

The hardest thing about investing your own money is picking investments that out-perform the market. But I can tell you for sure that unless you take the time to execute your individual investment ideas, you will never know if you are any good at it. No excuses. Play like a champion.

Rule #4 is unleash your inner guru.

If you’ve made it this far in the book, clearly you’re committed to being a do-it-yourself (DIY) investor. Whether new to investing or experienced, each investor develops a style of investing that suits him or her over time. ...

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