The First Investment Rule That Most Gurus Fail To Follow
A small mistake that can lose you a lot of money
I have been subscribed to thousands of finance newsletters and publications for more than ten years. The vast majority of them are not aligned with my understanding of finance. But I don’t unsubscribe because it would make me biased to what I want to hear.
It’s impossible to read all of them, and I wouldn’t want to pretend that you do. But I have made it a point to read some of them sporadically and refute what they say.
It is an exercise that often makes you realize that your principles are wrong, or perhaps the opposite, and you reaffirm them. Believe it or not, this constantly happens in social networks, and we only follow accounts or profiles aligned with our way of thinking.
While cleaning up my emails, I found a newsletter that I was a huge fan of because of how it analyzed companies, but day by day, I realize that the risk management it does is entirely wrong.