Sunday, November 6, 2011

Undergrad Investors

I hope these young people and their parents know what they are doing. This is not the premiere story. Past stories of such young folks have not reprise their appearance in the papers. My guess is they mostly fizzled out.

If you want to be a pro in the investment business, go about it more rigorously and professionally. This is a learning journey more than a money making one. It is more about insight into risks than performance.

The bit I find most unacceptable about them is their attitude toward loss. You ought to totally hate it.

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