Why it's OK to be wrong

No one likes to be wrong, but making mistakes is one of the things that makes us human. One of the great things about errors in investing is the opportunity they offer for improvement. Every investor makes mistakes. Good investors learn from them; poor ones don’t. Trouble is, we tend to judge our investing performance in the wrong kind of ways. We look at share price movements as a guide to our performance and we compare ourselves to others. Both are poor ways to assess performance, except over the very long term. Consider BlueScope Steel. Between 2002 and 2008, a period over which...

No one likes to be wrong, but making mistakes is one of the things that makes us human. One of the great things about errors in investing is the opportunity they offer for improvement. Every investor makes mistakes. Good investors learn from them; poor ones don’t.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles