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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: ratan lal who wrote (48078)10/19/2001 7:35:58 AM
From: Don Mosher  Read Replies (2) of 54805
 
I know that you are correct about me and assume you are about you as being the market, but I hope some individual investors are wiser and better disciplined than me (or us). If not, I will never become a good investor no matter how hard I try because I am not a professional investor. I am less sure that the professionals do better than individuals. This belief leads me to trust only myself, as incompetent as I often feel, to invest my own money. I was a professional psychologist for many years without being able to help myself even when I could help others. It is possible that investing our own money increases our ecstasy and panic beyond what happens when we just invest for others. Managing affect aside, I believe the individual investor does have some advantages as well as the liability of caring too much about the outcome of investing. Money has much psychological meaning invested in it.
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