The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between

Implementation Notes

• Delve into the history of financial markets to see the deep patterns behind price fluctuations and avoid the illusion of quick riches.
• Build your portfolio based on the principles of diversification: let your investments be spread across different asset classes, like precious stones in a crown, so that no single storm can destroy everything at once.
• Maintain discipline and resilience: do not let emotions dictate your decisions, for panic and greed are treacherous advisors that lead you astray.
• Regularly review your portfolio's structure, rebalancing it to its original proportions, like a gardener carefully pruning branches to preserve harmony and growth.
• Do not chase trends or succumb to the temptation of market timing: long-term calm and patience are the true companions of the investor.
• Reduce costs: choose instruments with minimal fees, as even a small leak can turn into a torrent of losses over time.
• Keep learning and improving, so you do not become a prisoner of your own misconceptions and are ready for the changes that time brings.