investing wisdom

What they tell you: If you invested $100 in Apple's IPO and and held shares until today, that investment would be worth about $100,000. What they don't tell you: If you invested $100 in Apple's IPO and held shares until today, you would've endured 23 declines of... See more

The better the investor, the simpler the questions. When I started, I was obsessed with jargon, complex questions and spreadsheets. Now I ask things like “what does it do?”, “why do people buy it?”, and “why are you selling?”. And I never do more math than I can fit on a napkin.