An investor can separate their personal experiences from their investment decisions by focusing on their investment goals and the characteristics of the investment options available to them. They should also consider the current state of the economy rather than relying on their early adulthood experiences. It's important to account for both luck and risk in investment decisions and avoid idolizing successful individuals without considering the role of luck and risk in their success.
How should investors manage the inevitabilities of risk? What are the most powerful wealth-building...
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