Investing is like swimming, snorkeling, and scuba diving. What kind of investor are you? This is of course a metaphor for knowledge, research level, and complexity of markets that are being operated or invested in. Investing is often compared to biology, for example, ecosystems, jungles, and more. Today let’s compare it to the aquatic counterpart of these. Swimmers are dabblers they stay mainly on the surface and rarely venture to see much below them. They stay inshore keeping things simple and are not as concerned with what is happening further offshore. However, swimmers are often scared by cautions like warnings of sharks or condition hazards from authorities. Cautions like these often keep swimmers out of the water. Do you see where I’m going with this yet? Lower-level investors do not do in-depth research so they rarely have high conviction in any given position and can lose all conviction on a whim based on an article or small piece of additional information. This means that swimmers shouldn’t try to conquer the ocean and instead stick to a more curated experience in the form of a mutual or index fund. And most importantly the best returns are made the longer you trust the process.
find it interesting that BN is on your watchlist. right or wrong, brookfield is accused of unnecessary complexity more than any company i have ever owned in 2+ decades of investing.
find it interesting that BN is on your watchlist. right or wrong, brookfield is accused of unnecessary complexity more than any company i have ever owned in 2+ decades of investing.