poor investment

Chart of the Week: Time Horizon - Why Patience Matters

Chart of the Week: Time Horizon - Why Patience Matters

In spite of the repeated learning and profound wisdom in the financial markets around the perils of short term thinking and the merits of long term thinking, inevitably investors still make poor decisions. Whether it is out of boredom and the lure of the shiny object, or fear that drives one to irrational decision making, poor investment decisions prevail. What can we learn from this? In this week's installment Nick focuses on what it takes to overcome these behavioral pitfalls to truly reap the benefit of good long term thinking and investment strategy.