Invest
Sins of Investing – Greed (Part 7)
By InvestingNook  •  March 11, 2016

Having covered Sin 6: Gluttony in the previous article, I will be covering on Greed in today’s article.

Sin 7: Greed – Excessive Desire

Greed is part of human nature.

Perhaps there is a group of people who are contented in life. However, the majority of us, I dare say we are greedy. Take money for example, can one have truly have enough of money? The dotcom boom in the late 1990s is the perfect example. Anyone pitching an investment with a ‘.com’ at the end of it, investors would jump at the opportunity. Investors got greedier and greedier, resulting in equities to be grossly overpriced.

It is greed that resulted in the failure to do proper due diligence. When faced with the choice – under time sensitive situations between making a quick buck and researching it throughly, most would pick the former. It is the hope of making a ...

...
Read the full article
By InvestingNook
As Co-Founder and Fund Manager of Heritage Global Capital Fund, we started InvestingNook as a website dedicated to sharing the knowledge of value investing – allowing our readers achieve an edge over the markets with the knowledge of value investing.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance