June 2012

Frank Boland
June 25, 2012

I knew the highboy would be expensive.  But when you’re 22 and starting out in the investment business, well, you’re very confident.  Have to be.  Besides I had saved $10,000 for my upcoming wedding.  That was an unimaginable sum of money for a 22-year-old in 1967.  What I had no way of knowing was that, in the stock market, the emotional...

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Learn how to take losses quickly and cleanly. Don’t expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.

– Bernard Baruch