Individual investors as a group have no idea what they are doing. Weekly Market Update 12-6-20
Actionable Intelligence Alert
English - December 06, 2020 18:27 - 41 minutes - 38.6 MB - ★★★★★ - 17 ratingsInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Fidelity Investments conducted a study on their Magellan fund from 1977-1990, during Peter Lynch’s tenure. His average annual return during this period was 29%.
What Fidelity Investments found in their study was shocking. The average investor in the fund actually lost money
Individuals make decisions every day with their emotions assisting their judgment. It is part of who we are as human beings. Unfortunately making emotional decisions can be a detriment in the investing world.
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I curate a website devoted to following the articles, letters, interviews, etc. of top investors. Check it out if you are interested in learning how top investors are successful. https://investmentlettercurator.blogs...