Banks, Housing, Markets, and UK CPI
Bloomberg Intelligence
00:00
The Tension Between Giving Kids Too Much and Ruining It
Our members are by accomplishment, about 1 in 10,000, equivalent to being in the major league. So you have extraordinary knowledge that most investors don't have. The big question we ask in a meeting is if you buy something at 20, and it goes down to 15, should you get out? And the answer is if you really knew what you were investing at 20, it's a better deal. But as I think you guys well know, over the history of the stock market, individual investors have never matched the returns.
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