ABSTRACT

The novice (and the experienced) investor looks for a villain to explain the experience that 85 percent of investors in the market encounter. But there is no villain, only you, the investor, paying a high tuition for experience-a tuition that might continue endlessly unless you can rearrange your orientation to reality. Admit the earth is round. While this might sound simple, a little playing with the idea demonstrates how difficult it is to rearrange our mental equipment. It should be simple. It isn’t. Yet the same factors that contribute to success in the markets influence the contentment of our lives.