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.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: axios - 🏆 302. / 63 Weiterlesen »
Herkunft: WEWS - 🏆 323. / 59 Weiterlesen »
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »