Money and Finance
- Mohnish Pabrai Interview Segments On The Motley Fool
Thanks to Will for passing these along. Links to: Checklist Investing: How to Avoid Errors and Learn From Mistakes The Number One Trait of a Successful Investor How Investors Should Think About the Economy The Untraditional Path of Becoming a Great Investor...
- Buffett’s Lunch Date, Surgeons Improve Results With Checklists
The first checklists in aviation went into use four generations ago, but their potential to prevent errors and save lives is only now beginning to be appreciated among other professions, such as finance. Gawande tells the story of Mohnish Pabrai, an investment...
- 10 Investing Lessons Learned
Ten years ago this week, I started my first job in the investment industry and it seemed a fairly decent occasion to reflect upon some of the key principles I've learned thus far in my career. Patience is paramount. Having worked with a number...
- Are You A Better Investor Than Fund Managers?
Earlier this week, I came across an interesting study by Andriy Bodnaruk of the University of Notre Dame and Andrei Simonov of Michigan State University, entitled "Do Financial Experts Make Better Investment Decisions?" The pair analyzed the personal...
- Taking The E-motions Out Of Investments
Taking the (E)motions out of Investments? Easier said than done. When you invest your money, I'm assuming you're investing after a thorough thought process. One does not simply invest his/her money based on the "TOP 20 SHARES TO INVEST IN 2015"...
Money and Finance
Investors’ 10 most common mistakes – By Barry Ritholtz
Whenever there is turmoil in the markets, my phone lights up with calls from journalists, investors and potential clients. They are typically in a panic about the crisis of the moment and are calling for my take on the situation. In my decades as an investor and analyst on Wall Street, I have learned that panics come and go. They turn out not to be the main cause of investors’ financial setbacks. Rather, what hurts most investors most is a failure to understand the basics of investing. Not grasping the simple mathematical drivers of returns invariably leads to very costly errors. The best time to make an investment plan is before a crisis, not during it. When the sky turns cloudy, you should follow your plan, including all “exit strategies.” Consider these 10 points in the context of your own discretionary investments, 401(k)s and IRAs. Identify any errors you are making, and fix them now — before the next storm hits.
- Mohnish Pabrai Interview Segments On The Motley Fool
Thanks to Will for passing these along. Links to: Checklist Investing: How to Avoid Errors and Learn From Mistakes The Number One Trait of a Successful Investor How Investors Should Think About the Economy The Untraditional Path of Becoming a Great Investor...
- Buffett’s Lunch Date, Surgeons Improve Results With Checklists
The first checklists in aviation went into use four generations ago, but their potential to prevent errors and save lives is only now beginning to be appreciated among other professions, such as finance. Gawande tells the story of Mohnish Pabrai, an investment...
- 10 Investing Lessons Learned
Ten years ago this week, I started my first job in the investment industry and it seemed a fairly decent occasion to reflect upon some of the key principles I've learned thus far in my career. Patience is paramount. Having worked with a number...
- Are You A Better Investor Than Fund Managers?
Earlier this week, I came across an interesting study by Andriy Bodnaruk of the University of Notre Dame and Andrei Simonov of Michigan State University, entitled "Do Financial Experts Make Better Investment Decisions?" The pair analyzed the personal...
- Taking The E-motions Out Of Investments
Taking the (E)motions out of Investments? Easier said than done. When you invest your money, I'm assuming you're investing after a thorough thought process. One does not simply invest his/her money based on the "TOP 20 SHARES TO INVEST IN 2015"...