Investment books often urge readers to do extensive research to identify megatrends such as social and cultural shifts that could make a potentially big difference in investing decisions. However, the real answer is never simple. The ideal way to value anything, including company shares, would be to plug yourself entirely into the real world, which means shaping your daily behaviours such that it enables you to maximise your exposure and learning about almost everything.
Given the increasing connectedness of the world and the rapid explosion of information, learning is no longer confined to any one medium or source. Therefore, keeping an open heart and mind is in reality the best bet to a lucid understanding of the dynamic and complex interactions across companies, industries and countries.
The flowchart below illustrates the types of personal behaviours that may help individuals to hone their stock investment skills.
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