Overreliance on or Ignoring the Experts Can Both Do Damage
My worst investment, in terms of stupidity, but not the biggest loss, was when I started acting on information I heard on a radio program about investing in stocks. Past performance is no guarantee of future success I had listened to this show and had been very lucky with my first investment; a…
Read Full PostClassic Bike Collecting Dust Is Better Than a Dog of an Underdog
When initially considering what my worst investment was, I thought about the 50-year-old Royal Enfield motorcycle that I bought in my early 40s (guess why?), which is so delicate that it never works and just stands in my mother-in-law’s garage in Switzerland. But on further reflection, it still makes me happy that I own this bike, which means: “I’m…
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