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10 things successful investors don’t do

I’m a longtime fan of Warren Buffett, and I often refer to one of my favorite Buffett quotes: “You only have to do a very few things right in your life so long as you don’t do too many things wrong.”

With that in mind I’ve compiled the following list of 10 things that successful investors don’t do. If you’re doing any of these, I hope you’ll change your ways.

1. Successful investors don’t start at random, without a plan, any more than they would start a road trip without at least a map and a destination in mind. The evidence is overwhelming that random investments made without a plan seldom, if ever, lead to success.

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