4

Rules to stop you losing

What topics are covered in this chapter?

Negative before positive

It may seem odd to tell you what not to do before telling you what to do, but there is a good reason. There are many routes to success, as outlined in Part 2, and any one of them can work if it suits you. The road to hell, in contrast, is well sign-posted and well travelled. The ways to win are many and unpredictable, but the ways to lose are fewer and entirely predictable. Whichever ladder to winning you climb, you will need to steer clear of the same snakes.

Never invest funds you don’t own

Even if you are able to, do not borrow money to make equity investments. However wealthy you are, don’t do ...

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