I am amazed at how many investing mistakes I make. I don't buy, the stock moves up to torture me. I buy, the stock drops; I sell a stock, it goes up. Over and over again. Yes, this happens to everybody. Everybody.
Some recent thoughts rattling around in my noggin lately:
"Well, for a lot of mistakes you've made - and will continue to make? - you're still doing pretty darn good. It's kinda like a batting average."
"Ya know, numbskull, if you'd just do the OPPOSITE of what your emotions tell you to do, you'd be a lot better off. Buy more when you get scared and want to sell. Sell when you think you should add cause you think you're such a genius and this baby is runnin."
Mr. Market can be a humbling bastard sometimes, and then, as you say, once in a great while... |
