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Are you still admiring Warren Buffett’s style of investing?
By Taking Care Of My Own Business  •  May 12, 2019

Who still believes that you as an individual investor can still outperform a broad-based ETF by picking some “superior” stocks?

Ok, ok. I agree, Index Funds and ETFs will never bring you alpha but they also won’t require so much attention, emotional strain or behavioral challenges.

As I am convinced that investor psychology drives the majority of returns.

And as I am convinced that getting rich slowly is the only sustainable way.

I am convinced that the rules to grow my nest-egg are rationally quite simple:

Diversify.

Rebalance.

Keep costs low.

No one writes a book about those basic rules.

Maybe because it would be only 3 pages long?

I am convinced that figuring out what I won’t invest in — types of securities, strategies, fee structures, etc. — is far more important in today’s world than figuring out what I will invest in.

Well, there might have been a time

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By Taking Care Of My Own Business
Why you should be Taking Care Of Your Own Business or why you should Tacomob. Hi, my name is Andy.Andreas G. Schmidt (aka Andy) What motivated me to create this website? Well, sometimes, one can observe a lot by watching ...
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