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.?

“Don’t flee when you lose, and don’t moan when it hurts.” It’s similar to first grade. Nobody likes a crying baby.”?

You can do all the research you want and still lose.

The market may appear to be irrational at times, and no one has a 100 percent consistent winning rate.?

After a loss, you’ll have more fight in you, so get up, dust yourself off, and reengage.?

“I don’t like defeat, sport. Losses ruin my day more than anything else.”?

Sure, every investor will lose at some point, and many people will tell you that losses should be viewed as a learning experience, but surely there are better ways to learn, so keep a trading journal, review your plays, and never make the same mistakes twice.?

“Lunch is for wusses.”?

Hard work and dedication are frequently insufficient on the path to financial freedom.

?Gordon was completely focused on his daily activities and skipped lunch, while figuratively he remained hungry for more.?

So keep this in mind: stay hungry and prepared, because getting there may necessitate some sacrifice.?

“Money does not sleep.”?

The market may be closed, but that shouldn’t stop you from looking for new opportunities or exploring new investment avenues.?

Remember to spend your time wisely, whether it’s on Crypto, Forex, or simply doing more research.

“The point is, ladies and gentlemen, that greed, for lack of a better word, is a good thing.” Greed is correct. Greed is effective. Greed crystallises, pierces, and captures the essence of the evolutionary spirit.

Greed, in all of its manifestations – greed for life, greed for money, greed for love, greed for knowledge – has marked humanity’s ascension. ”?

We are not here to justify greed; rather, we are saying that whatever your personal and investment goals are, you should strive to be a step above where you were yesterday.?

You should be driven to improve a little bit more every day, and you should be willing to make sacrifices for what you believe in and what you set your sights on.?

Be greedy when it comes to your goals and self-improvement, but don’t do it at any cost because… well, we all know how that ended for Gordon.