Profiting From Investment Regret
Embracing the emotion, rather than shunning it.
That Seventies Show
Have you ever invested via time travel? Calculated how much money you would possess had you known the financial future? I confess to such a daydream. It is February 1975, my parents inquire what I wish for my birthday, and I respond, “As much Berkshire Hathaway (BRK.A) stock as you can buy for $1,000, please.”
(That would have been $985 more than the actual value of my birthday present, but never mind that detail.)
John Rekenthaler does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.