In his book – The Investor’s Manifesto, William Bernstein discusses why investors chase entertainment and excitement at the cost of higher returns. Here’s an excerpt from the book: Not only do humans like to tell stories, they want to be amused by them. Owning shares of Netflix is much more … Read More
William Bernstein: The 4 Abilities That Every Successful Investor Needs
In his book – The Investor’s Manifesto, William Berstein discussed the four abilities that every successful investor needs. Here’s an excerpt from the book: Successful investors need four abilities. First, they must possess an interest in the process. It is no different from carpentry, gardening, or parenting. If money management … Read More