“This tendency of overconfidence and poor outcomes is not confined to only retail investors. Institutional investors suffer from overconfidence equally if not more, and their investment results are not superior either.” ConfidenceInvestmentInvestingInvestment PsychologyTrading PsychologyPortfolio ManagementOverconfidenceMoney ManagersInvestor BehaviorRetail Investor Author:Naved Abdali
“Being net value adders puts us better positioned for long-term growth and longevity – because in the long term, capital flows to net value adders.” InvestorsCapitalAsset ManagementPortfolio ManagementPortfolio PerformanceMoney ManagersNet Value Adders Book:Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing Source: Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing
“Trading is not only a zero-sum game but an aggregate negative after deducting the trading cost and research expenses. Somebody’s gain is somebody’s loss, so the professional traders win the game because they have significant advantages over retail traders.” TradingInvestInvestment PsychologyTrading PsychologyTraderMoney ManagersNegative SumZero Sum Author:Naved Abdali
“Annual performance means nothing to individual investors.” InvestmentInvestingInvestorsStocksSharesWealth ManagementMutual FundsPortfolio PerformanceMoney Managers Author:Naved Abdali