31 Jan 2014 Do You Want to Win Big?
Posted at 14:07h
in The Friday Brief
Despite an overwhelming amount of evidence that passive investing over a lifetime generates far more wealth than active, hands on investing, most people still hold to their losing programs. It doesn't sound logical because it isn't. Logic has been overcome by the emotion of hope - the hope of winning big. Logic alone doesn't really have a chance, it is outgunned. For real progress, there has to be a third component.