BookWatch: Your biggest investment mistake will be the failure to preparefor failure

The best investors are just like you and me.

They get greedy. At times they’re overconfident. They fear missing out.

We all deal with the same emotional challenges when our hard-earned money is at stake. That’s why I wanted to write a book that puts those experiences into context. Mistakes are going to happen. They’re an unavoidable part of investing.

The stock market is fertile ground for mistakes, so you must have a plan of action for dealing with lousy investments.

There is no right way to invest. What one investor views as a mistake, another might view as discipline.

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