I’ve posted Entry #13 for my weekly Beyond Buy-and-Hold column at the Out of Your Rut site. It’s called Calorie Counting for Stock Investors.
Juicy Excerpt:
It’s the things that affect investing that most of us don’t acknowledge have much to do with investing that are killing investors today. We need to begin talking about this human stuff. All investors are humans. So it applies.
Humans are cheaters, mess-ups, self-deceivers. Investors are humans, so investors are all those things too. That’s why the last decade turned out to be The Lost Decade. Another way of saying it is that the 1990s were The Cheesecake Decade and we had to endure the rigors of a Lost Decade to get even somewhat back in shape.
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