The Best Investment Advice Is Sometimes About What Not to Do

Business & Finance, Finance & Investing, Investments & Securities
Cover of the book The Best Investment Advice Is Sometimes About What Not to Do by Saly A. Glassman, Pearson Education
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Author: Saly A. Glassman ISBN: 9780132617291
Publisher: Pearson Education Publication: November 3, 2010
Imprint: FT Press Language: English
Author: Saly A. Glassman
ISBN: 9780132617291
Publisher: Pearson Education
Publication: November 3, 2010
Imprint: FT Press
Language: English

This Element is an excerpt from It's About More Than the Money: Investment Wisdom for Building a Better Life (9780137050321) by Saly A. Glassman. Available in print and digital formats.

 

Why the best investment advice you ever get might be what not to do.

 

Shortly after 9/11, a terrible period for all investors and advisors–for all Americans–Edward called to thank his advisor. “Thank me?” the advisor exclaimed. “Why? I feel terrible about our losses over the last year.” Edward said, “No, you don’t understand. You told me not to invest $600,000 in a private equity partnership I was seriously considering. I’ve just learned that investment was a total failure.”

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This Element is an excerpt from It's About More Than the Money: Investment Wisdom for Building a Better Life (9780137050321) by Saly A. Glassman. Available in print and digital formats.

 

Why the best investment advice you ever get might be what not to do.

 

Shortly after 9/11, a terrible period for all investors and advisors–for all Americans–Edward called to thank his advisor. “Thank me?” the advisor exclaimed. “Why? I feel terrible about our losses over the last year.” Edward said, “No, you don’t understand. You told me not to invest $600,000 in a private equity partnership I was seriously considering. I’ve just learned that investment was a total failure.”

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