I have previously noted that the average investor has been bombarded with information about the securities markets from the media and ads, purporting to offer more and more data that will assure investment success. That helps produce an over-confidence that an investor will have, until reality eventually sets in.
Evidence clearly shows: Too much confidence leads to constant revamping of investment strategy and discipline unless essential knowledge and discipline prevails. (See the Earl J. Weinreb NewsHole® comments.)
No comments:
Post a Comment