Notes from reading Invest Like a Shark

The weakest part in my trading operations: selling

- Great investing results are a product of shrewed selling rather than smart buying.

- Selling is a form of insurance to protect your business.

- Selling is nothing more than a form of insurance that you buy when things look dangerous.  It might cost you something if your worries prove to be unfounded, but it can save you substantially should disaster hit.

My reflections on entering a position:

- It represents opportunity, as well as risk.

- Always be prepared that at least half of your entries will result in a loss.