It’s only natural for us to believe that individual investors don’t stand a chance against professional investors. After all, the pros have access to research capabilities, analytical support, and technology that individuals don’t.
But if you’re an individual investor, you can still beat professional investors at their game. The trick is part patience, and part something else.
Long term investing
In
Board Games, Coffee Cans, and Investing, I shared investment manager Robert Kirby’s
Coffee Can Portfolio article that was penned in the 1980s. Here’s what I wrote in my piece:
“In The Coffee Can Portfolio, Kirby shared a personal experience he had with a female client of his in the 1950s. He had been working with this client for 10 years – during which he managed her investment portfolio, jumping in and out of stocks and lightening positions frequently – when her husband passed away suddenly. The client wanted Kirby
...