By Herman Brodie
TCAM blog

Are Seasoned Investors Better?

At least one asset is guaranteed to enrich your portfolio this year: your investing experience. Stick at it long enough and you will encounter practically everything from start-ups to meltdowns, flashes in the pan to flash crashes, slim pickings to fat fingers. You will also discover the financial impact of earthquakes and tsunamis, of both the political and geological varieties. The wisdom of the years, one might argue, ought to make you a better investor.

Empirical evidence, reassuringly, supports this hypothesis, with one important caveat...More...