📢 Three investors are walking through the desert: a risky one, a conservative one, and a novice. Suddenly, they see an oasis.
The risky investor rushes with all his might, stumbling and falling along the way, but still dashes towards the water, shouting: "Faster, before anyone gets ahead! We need to claim our spot first!"
The conservative investor leisurely pulls out a map, a compass, looks at the sun, calculates the optimal route, checks for mirages, and only then, having carefully thought through each step, heads towards the oasis.
The novice looks at the first two, scratches his head, and asks: "Are we really investing in water, not sand? And do we have any guarantees that this isn't a temporary oasis?"
Meaning:
* The risky investor acts impulsively, chasing quick profits, not always assessing risks.
* The conservative investor tends to thorough analysis and planning, preferring reliability and minimal risks.
* The novice often doubts, plays it safe, and is afraid to make a wrong step, missing opportunities, but at the same time asks the right questions about reliability and fundamentals.
Which type of investor is closer to you?