My Sunday Washington Post Business Section column is out. This morning, we look at the advantages that the Mom & Pop investor have over the professional. Its titled How you, the amateur investor, can beat the pros — and its not about what you might think.
Here’s an excerpt from the column:
“The pros have the tools, the manpower, the capital, political connections, inside information — everything goes their way. If you try to compete against them on their own field, playing their game by their rules, the outcome is very likely to be what they want: You and your portfolio are toast.
But here is the thing: People who are not professional investors — those Mom and Pop investors I refer to all the time — have enormous advantages of their own.
Today’s column will help you recognize what you don’t have to do, deal with, pay for or worry about. Add all of these things together and you not only neutralize the disadvantages, but you can jiujitsu them to your favor.”
It was a fun column to write, and I think you are going to really like it.
How you, the amateur investor, can beat the pros
Washington Post, November 8, 2015