According to academic research there are two kinds of games in tennis; those games played by professionals, and those played by the rest of us. In amateur tennis the outcome is determined by the mistakes made by the loser, rather than the shots made by the winner. Likewise, those who insist on trying to beat the market, either on their own or with professional managers, will be disappointed by the results. Like tennis, investing is a loser’s game.
Investing Series: Part 1 Black Monday….October 19, 1987, the day the market crashed. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already sustained significant declines. The Dow Jones Industrial… Read More ›
what if I told you that women investors may know something about investing that most of the market doesn’t seem to practice?
Most people have no idea what their investments should be earning. There is a difference between the expected rate of return on an investment, and the rate of return an investor typically sees.