Investing like Gordon Gekko
The 1987 Oliver Stone film ” Wallstreet ” is arguably the most famous film about the stock market.
It made Michael Douglas famous for his portrayal of Gordon Gekko, a ruthless, cutthroat investor with seemingly unrestrained greed.
We’re all familiar with his “Greed is Good” speech and the cultural impact it had.
Here are his six life-changing quotes:
· “Information is the most valuable commodity I am aware of.”
· Knowledge comes from information, and information comes from knowledge.
· We live in a world where today’s cutting-edge technology may be rendered obsolete tomorrow.
· Know your industries and markets, as well as the pitfalls and traps that may await you.
· The more thorough your research, the better.
. “I don’t toss darts at a board.” I place my bets on safe bets. Sun-The tzu’s Art of War is a must-read. Every battle is won before it begins.” / “Every day, I look at a hundred different deals. I choose one.”
Once more, research, research, research.
Gordon Gekko is not the type of person who would leave his investment strategy to chance, and neither should you.
Yes, social media platforms such as Reddit and its communities have trivialised YOLO investments, but keep in mind that you are not gambling. You are making an investment.
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