A Year of Substantial Returns
All these returns come from luck, because I haven’t encountered a test moment. The market has been smooth sailing, placing it in the top 5% of the last 100 years. Therefore, I don’t consider my investment skill to be very high. The real test will come in those bad years, in the moments when everyone is panicking.
Significant Increase in Reading
This year, I read a large amount of investment and finance-related books. I forgot many, but I also retained some. It’s just like the food I eat: some becomes a part of the body, and some goes straight into the toilet.
Speculation Has No Prospects
Speculation = Predicting market sentiment