Rational Advisor

We are irrational in predictable ways

&
 

Jun 22 2009

Decisions

Published by rational at 11:08 am under Uncategorized Edit This

“Decision is a sharp knife that cuts clean and straight. Indecision is a dull one that hacks and tears and leaves ragged edges behind it” - Gordon Graham

Too many times in ouor investment management we over-analyze and become indecisive about investment processes and choices. We do this all for the right reasons, so that we don’t make mistakes. But, invariably this indecision is another cause of problems.

Investment managment is best handled by having a philosophy, understanding that volatile times will always be around. Sticking to your sound intellectual framework And lots of patience.

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