It’s deeply ingrained in the human psyche that taking action is a positive thing.
And in many cases, it is.
But successful investing means doing exactly the opposite.
Even if that feels wrong.
And it will.
In our latest video, Barry Ritzholtz, one of the most popular investment bloggers in the United States, explains why investors need to start thinking in terms of decades.
Not weeks and months.
Why does our psychology work against us?
Particularly in capital markets?
Successful investors are simply less active.
Their holding periods are longer.
They ignore the “noise”.
The biggest enemy of an investor?