Category: Investing

Don’t Pay for the Overconfidence of Your Investment Advisors

“Overconfidence is a very serious problem.  If you don’t think it affects you, that’s probably because you are overconfident.”  – Carl Richards In late 2007 legendary investor Warren Buffett made a $1,000,000 bet with Protégé Partners, LLC with the winnings going to charity. The terms of the wager are as follows: “Over a ten-year period…

Try this Survival Tactic the Next Time the Market Throws a Tantrum

“The primary cause of [investing] failure is that [people] pay too much attention to what the market is doing currently.” – Benjamin Graham In a scene guaranteed to evoke empathy in every parent or grandparent with a heart and a memory, a grandfather was in a grocery store checkout line with his toddler grandson when the boy resorted to the time-tested tactic of…