The greatest secrets of investing (not taught in schools)

THE greatest secrets of investing are neither taught in schools nor at traditional financial firms.

As an investor of six years, I am fortunate to have learnt from the best, and would like to share 16 of the greatest lessons I have picked up.

Stocks are part-ownership stakes in real businesses. Stay focused on the business narrative, not the price narrative. Over the long term, the key determinant of whether the share price rises or falls will depend on the business itself, and whether it has growing revenues, profits and free cash flows.