Part 3

Investing Requires Temperament More Than Intellect

The late global investor Sir John Templeton relocated from New York to the Bahamas, where copies The Wall Street Journal arrived days late. By reading the news a week later, Templeton could put it in perspective and prevent himself from over-reacting -- his way of combatting behavioral biases. This is the same investing pioneer who once noted, “The four most expensive words in investing are: 'This time it's different.'”

As Ralph Waldo Emerson wrote in his essay “Exp...

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Beginner
Investor Psychology 100
3 Lessons
~15 mins in total
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