The market volatility we're seeing now spikes two kinds of fear: fear of missing out and fear of loss. Both can lead to poor investment behavior.
Ralph Wanger, a successful portfolio manager, once likened it to an excitable dog on a very long leash, darting randomly in every direction, while its owner walks steadily and predictably from southwest to northeast across New York's Central Park — up, and to the right. His advice, as detailed in Bill Bernstein's "The Four Pillars of Investing," was to "keep your eye on the owner, not the dog.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: axios - 🏆 302. / 63 Lire la suite »
La source: WEWS - 🏆 323. / 59 Lire la suite »
La source: MarketWatch - 🏆 3. / 97 Lire la suite »