In the world of investing, it’s often tempting to think that there’s some secret formula or insider knowledge that separates successful investors from the rest. This is where looking at legendary investors can help.
If you look at the wisdom shared by some of the most successful investors of all time, you will find that their principles are surprisingly simple.
These pillars of investing wisdom — patience, knowledge, skill, humility, and discipline, among others —are not exclusive to success in the markets.
When I was in college, I worked as a mutual funds advisor. This was in 2007, before the financial crisis that took place the next year. I thought I was an investing genius because almost every client I talked to invested with me. So I […]
Erik Erikson, the psychoanalyst who coined the term, “identity crisis,” found that humans typically go through eight stages of life. Born in Germany, in 1902, to Danish parents but raised by a Jewish stepfather, Erikson grew up with a different upbringing from his peers. In […]
The other day my mom told me about a family member who had a flat tire on her bike. This relative doesn’t live an easy life. She had a doctor’s appointment and when she pulled out her bike to go there, she discovered the flat. She […]