Write down your investment decisions when you make them to create a record; reviewing past decisions against actual outcomes is the only way to learn; the worst case is when a stock goes up for reasons you didn't identify, causing you to conflate luck with skill.

normativepending

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Unknown Speaker (Analyst/Value Investor)

Evidence Quote

write down what you're doing at the time that you do it...the worst case scenario is when you get some the stock goes up but for a reason that you didn't identify

Source

Liz Ann Sonders, Cliff Asness, Mike Green and 40+ Others Share Their Most Important LessonExcess Returns
Created: 8/11/2026, 6:46:49 AM

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