Why We Make Complex Investment Decisions?
We all preach Buffett and Munger for their simplicity, yet we keep making complex investment decisions. Why do the hell on earth we do that?
There is preponderance of evidence that the best investing is simple investing.
Just think about it:
Warren Buffett paid 30 times earnings for Coca-Cola in 1987 and he has been riding it since.
Nick Sleep eventually reduced his portfolio to only three stocks, Amazon, Costco and Berkshire, yet he outperformed the market.
Peter Lynch made a fortune investing …