Beginners in investment are often subjected to proverbial wisdom on the subject by friends and do-it-yourself manuals. Much of it is very bad for them, because it is false or only partially true. If you are able to spot the flaws in many of these arguments before they influence your approach to investment, you may avoid serious losses.
Prior knowledge required
You will need to understand the distinction between speculation and investment, the basics of value and growth investing and the definition of smallcaps and largecaps.