I think a lot of us are in investment clubs because we don't want to depend on those who benefit when we trade versus when we are successful.
Morgan has many articles which discuss how important patience and inaction can be. Next time you can't get your investment club to agree on a decision, it's good to think about the fact that maybe that is a good thing.
Laurie Frederiksen Invest with your friends! www.bivio.com
I think a lot of us are in investment clubs because we don't want to depend on those who benefit when we trade versus when we are successful.
Morgan has many articles which discuss how important patience and inaction can be. Next time you can't get your investment club to agree on a decision, it's good to think about the fact that maybe that is a good thing.
Laurie Frederiksen Invest with your friends! www.bivio.com
Do what you can. Want what you have. Be who you are.
Judy Simonson on
Thanks for the article and for recommending Morgan's writings, Laurie. I enjoyed the article and follow his recommendation for patience. It's worked out well for me! Judy
From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Laurie Frederiksen Sent: Thursday, March 19, 2015 9:18 AM To: The Club Cafe Subject: [club_cafe] What's Wrong With Finance
For those who don't ready Morgan Housel yet, I'd highly recommend his writings. Here's his latest:
I think a lot of us are in investment clubs because we don't want to depend on those who benefit when we trade versus when we are successful.
Morgan has many articles which discuss how important patience and inaction can be. Next time you can't get your investment club to agree on a decision, it's good to think about the fact that maybe that is a good thing.
Laurie Frederiksen Invest with your friends! www.bivio.com
I think a lot of us are in investment clubs because we don't want to depend on those who benefit when we trade versus when we are successful.
Morgan has many articles which discuss how important patience and inaction can be. Next time you can't get your investment club to agree on a decision, it's good to think about the fact that maybe that is a good thing.
Laurie Frederiksen Invest with your friends! www.bivio.com
I think a lot of us are in investment clubs because we don't want to depend on those who benefit when we trade versus when we are successful.
Morgan has many articles which discuss how important patience and inaction can be. Next time you can't get your investment club to agree on a decision, it's good to think about the fact that maybe that is a good thing.
Laurie Frederiksen Invest with your friends! www.bivio.com