“To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insight, or inside information. What’s needed is a sound intellectual framework for decisions and the ability to keep emotions from corroding that framework.”
~ Warren Buffett
These good times are here to stay, right?
November 9, 2021
“Some people will look at past performance and extrapolate what has happened out into the future. They think the recent trend of good performance will continue without interruption, and they jump in because they want a piece of the action too.
But trends don’t last forever. Just because an investment has already appreciated is no assurance that it will continue to appreciate. Basing your actions solely on past events will eventually end in disappointment.”
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