The Best Investment Advice Is Sometimes About What Not to Do /
This Element is an excerpt from It's About More Than the Money: Investment Wisdom for Building a Better Life (9780137050321) by Saly A. Glassman. Available in print and digital formats. Why the best investment advice you ever get might be what not to do. Shortly after 9/11, a terrible period fo...
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| Format: | eBook |
| Language: | English |
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PH Professional Business,
2010.
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| Edition: | 1st edition. |
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| Online Access: | Connect to this electronic resource |
| Summary: | This Element is an excerpt from It's About More Than the Money: Investment Wisdom for Building a Better Life (9780137050321) by Saly A. Glassman. Available in print and digital formats. Why the best investment advice you ever get might be what not to do. Shortly after 9/11, a terrible period for all investors and advisors-for all Americans-Edward called to thank his advisor. "Thank me?" the advisor exclaimed. "Why? I feel terrible about our losses over the last year." Edward said, "No, you don't understand. You told me not to invest $600,000 in a private equity partnership I was seriously considering. I've just learned that investment was a total failure." |
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| Item Description: | Electronic resource. |
| Physical Description: | 1 online resource (10 pages) |
| Format: | Mode of access: World Wide Web. |