More data, more access, more tools...that is the modern moniker.
But it has been devastating for investors.
The more data we have, the greater access to information and tools, only makes for more reactive decision making. The death sentence of good investment management. We think it is good for us, but it preys on our human nature, bleeding us of patience, discipline and conviction.
Investors must be disciplined enough to ignore the news, ignore their statements and to put their investment portfolios into Rumpelstiltskin deep sleep.
They would be much better off.
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