16min chapter

Excess Returns  cover image

15 Ways to Lose Money in Markets | Ben Carlson

Excess Returns

CHAPTER

Misconceptions in Investing

This chapter addresses common misconceptions among investors, such as the belief that past intelligence and success in other fields equate to profitable investing. It emphasizes the unpredictable nature of markets and critiques reliance on performance chasing and celebrity investor strategies. The discussion advocates for a flexible, rules-based investment approach that can withstand market fluctuations and highlights the importance of adaptability in financial planning.

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