Many Investment Gurus, with a straight face and a gleam in their eye, will insist that successful investing is a function of expansive research, skillful market timing, and detailed technical analysis. Others emphasize fundamental information about companies, industries, and markets. But trends and numbers are secondary to a thorough understanding of the basic principles of Investing and Management, and their interrelationships.

Choosing the right type of investment doesn’t have to be difficult or confusing. In a moment, I’ll share a simple analogy that will empower your investment decisions.

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