8 Tips about Danger

7. Overconfidence - Never become too cocky. Remember that even legendary investors have lost money from being overconfident in their investment...
The risk among any group of investors is that they only pay attention to what they already agree with. That’s limiting in our opinion, and...
The latest trade of a security creates a dangerous illusion that its market price approximates its true value. This mirage is especially dangerous...
Financial innovation can be highly dangerous, though almost no one will tell you this. New financial products are typically created for sunny days and...
Investing is fun, exciting, and dangerous if you don't do any work.
For perfectly logical evolutionary reasons, the human brain constantly triggers immediate physical and emotional responses to external events. While...
One of the economists who has heavily influenced the way I think is Hyman Minsky, who always said, “Stability begets instability.” The very idea...
When excesses such as lax lending standards become widespread and persist for some time, people are lulled into a false sense of security, creating an...