Ninety-three year old Buffett, who knows a thing or two about successful investing, is not suggesting you cannot ever lose money – but he is emphasizing the mindset investors should possess.
It is gratifying to find winning investments. And winning periods are always welcome. But for all of the winners there are also an awful lot of losing investments. Over time, avoiding the losers (and losing years) could help you in achieving your financial objectives. Let’s follow some threads…