From the blog

The Advisor – Autumn 2023 – Negative Art

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…

According to legendary investor Howard Marks, “… investors improve their
performance not through what they buy, but through what they exclude – not by finding winners, but by avoiding losers… [It] is a negative art.”

Read the Autumn 2023 Advisor