THE CHARCTERSTICS OF SUPERIOR INVESTORS CAN BE ELAB0RATED IN 5 POINTS.
1.IF YOU WANT TO SUCCEED AT INVESTING,YOU MUST CONCENTRATE ON INDUSTRIES YOU ALREADY KNOW THIS IS CALLED CIRCLE OF COMPETENCE.
2. SUPERIOR INVESTORS MUST KNOW THE CIRCLE OF COMPETENCE THROUGH RESEARCH AND TO UNDERSTAND THE SUPERIORITIES OF A COMPANY OVER ITS COMPETITORS.
3.THE BEST SOURCE MIGHT BE THE INFORMATION FROM INDIVIDUALS WHO KNOWS THE COMPANY.
4.THE RESEARCH ARE TIME CONSUMING HENCE SUPERIOR INVESTORS MUST BE FOCUSED ON PORTFOLIO.
5.THE PORTFOLIO OF SUPERIOR INVESTORS MUST NOT BE MORE THAN 10 COMPANIES.