SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Fidelity Funds
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Sr K4/19/2015 6:41:53 PM
1 Recommendation

Recommended By
Julius Wong

   of 11457
 
Apr. 17, 2015

Are You Hot or Not? For Investors, It’s Hard to Tell

blogs.wsj.com

.

Being on a hot streak is one of the most dangerous things that can happen to a professional or individual investor.

Now that the S&P 500 has risen 226% since March 2009, including dividends, stock investors also should worry about how being proved right can undermine their ability to imagine being wrong.

.

No wonder the economist and investment strategist Peter Bernstein, who died in 2009, was fond of saying, “The riskiest moment is when you are right.”

In much of life, doing things right over and over again is a sign of skill; expert musicians, for instance, rarely hit a wrong note. And the skill of one professional musician doesn’t make it harder for the others to be equally expert.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News