How Much Investment Is the Right Amount?
Don’t skip this critical question.
Source: morningstar.com
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Victor Haghani: Lessons From the Missing Billionaires
Why investment sizing is an important—yet often overlooked—factor in investor outcomes.
Source: morningstar.com
Book extract: The Missing Billionaires, A Guide to Better Financial Decisions by James White and Victor Haghani
Wealthy families’ assets usually dissipate over generations, not because they choose bad investments but because they concentrate their risk.
Source: afr.com
Dr. David Ashby: Where are all the billionaires?
No doubt most of you reading this are in the non-billionaire club. Nevertheless, here’s an interesting paradox laid out in the book, “The Missing Billionaires,” by Victor Haghani and James
Source: magnoliareporter.com
Hard-Won Investing Lessons From A Survivor Of Long Term Capital Management
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com