Be Completely Honest About Your Investing Weakness


Warren Buffett once said, “I’ve never swung at a ball while it’s still in the pitcher’s glove.” Incidentally, that perfectly describes the category of investing mistakes that I am prone to make—I am likely to be predict something way before it actually happens. I am much better at predicting what will happen than I am at predicting when it will happen.

For instance, at the end of 2011, I began writing Seeking Alpha articles mentioning that interest rates are likely to increase soon because the economy is improving. Well, one year and a half later, and we’re only now just starting to realistically consider the possibility that rates will be going up. The … Read the rest of this article!