When it comes to investing, everyone seems to know what to do...
Most people spend their time reacting to headlines, forecasts, and opinions... following the crowd... perhaps they are right... though often they can be madly wrong.
Marcelo Marini, Corporate Finance Specialist, observing the many errors and mistakes that even smart people make...
Most people spend their time reacting to headlines, forecasts, and opinions...
Few step back to examine how businesses actually work, how capital is truly created or destroyed, and why “intelligent” people repeatedly make the same business and financial mistakes...
Each week I write a new essay examining a problem, idea, or observation drawn from the realities of business, finances and independent thinking— something I’ve been doing for the last decade... sometimes pleasantly, sometimes not so...
Some letters challenge conventional wisdom. Others explore mistakes that quietly destroy value. Many begin with a simple question. Or an affirmation that we may doubt.
Often, the most interesting part of the discussion is the one that remains unfinished until the following week...
This week, we explore the mistakes smart people make when it comes to investing.