<ol><li>Tap Dance, Don't work - Keeping Passion and Enthusiasm in what you do</li><li>The World is Cruel - People act in their own interests be aware of Experts and Brokers</li><li>Investing is Personal - No One Size fits all Strategy </li></ol>

Know Yourself

Charlie Munger advices to -<ul><li>Constant learning </li><li>Asking why again and again</li><li>Developing fluency in mental models from major academic disciplines </li><li>Be prepared for opportunities </li></ul>

Own your Space

Never invest in any idea you cannot illustrate with a crayon 🖍️

Objectivity and Rationality requires IOT<ul><li>Gaining Conviction </li><li>The only way to be comfortable in your position is to develop IOT</li><li>Never take people's advice on face value</li></ul>

Independence of Thought (IOT)

<ol><li>Know Yourself</li><li>Own Your Space</li><li>Respect Market Cycles </li><li>Don't be a dead fish</li><li>Seek religion </li><li>Be Patient Be Bold</li><li>Marathon the Winners</li><li>Diversify Just enough </li><li>Don't lose money</li><li> Mind the Mind</li></ol>Each is explained further - 📜

The 10 Commandments of investing

Never Test the depth of the river with both feet

<ol><li>Objectives and Goals</li><li>Interests</li><li>Active or Passive style</li><li>Skills for Analysis </li><li>Long term short term</li><li>Asset class of choice</li><li>Geographic Market</li><li>Risk tolerance level </li></ol>

Questionnaire For Developing Own strategy

<ol><li>Seek and You shall find - 1 and 2 are focused on developing personal suited strategy </li><li>Finding religion - 3 to 6 understanding Market cycles and Doing investment research </li><li>Being Devout and Disciplined - 7 to 10 Managing risk and Maximizing returns</li></ol>

Using 10Cs

What are the secrets of the greatest investors in history – the Investment Wizards? What are the life principles, investment strategies and rules they all follow to profit, year after year, in all economic cycles? The Ten Commandments of Investing shares the ten common guiding principles of investing as practiced by the world’s great Investment Wizards. The Ten Commandments of Investing is accessible and applicable to novices and pros alike. Their timeless advice is particularly relevant for investors navigating the post COVID-19 world. Listen to the Investment Wizards! Apply the Ten Commandments to achieve financial freedom through smart investing.

PETER LYNCH