Individual investors as a group have no idea what they are doing. Weekly Market Update 12-6-20

Fidelity Investments conducted a study on their Magellan fund
from 1977-1990, during Peter Lynch’s tenure. His average
annual return during this period was 29%. 


 What Fidelity Investments found in their study was
shocking. The average investor in the fund
actually lost money  


Individuals make decisions every day with their emotions
assisting their judgment. It is part of who we are as human
beings. Unfortunately making emotional decisions can be a
detriment in the investing world.  


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