What is the key idea of the video?
— The key idea of the video is that holding onto valuable assets and resisting the temptation to sell is crucial for long-term investment success.
Why should I only sell assets that do not contribute to wealth?
— Selling assets that do not contribute to wealth ensures that you are managing risk and accumulating equity over time, which is crucial for long-term rewards in investments.
Why is WEG not sold?
— WEG is not sold because it has received complaints and its fair price is expensive.
Why is resisting market volatility important for successful investing?
— Resisting market volatility is important because it allows you to avoid following market trends or seeking quick results, and instead focus on controlling your behavior and not selling, which is crucial for successful investing.
How many companies should I include in my investment portfolio?
— It is recommended to build a portfolio of 20-30 companies for investment, as the longer a company has a history of profit, the greater its chance of continuing to make a profit.
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