Don’t let the title of this post throw you off, because I’m going to engage you in a bit of reverse psychology. Sometimes, a great way to do something right is to instead learn how it’s done wrong and then do the opposite.
A few years back, a friend of mine who knew that I was into stock investing asked me if he should get into it as well. My first suggestion was that he absolutely not, foolishly assuming that my failure as an investor to that point automatically meant that somehow everybody else was destined to fail. But sensing that nothing I would say would dissuade him, I half-jokingly replied, “If you do everything opposite to what I’ve done, you’ll probably do just fine!”Continue reading “How to Fail as an Investor”