Gambling at the casino is a form of entertainment. Successful investing is not supposed to be entertaining.
Following the markets can be a form of entertainment as long as you don’t act on every impulse but the act of investing itself should not be exciting. In fact, good investing should be relatively boring.
Investors need to remember this when they’re in search of investment advice as well.
If you’re taking recommendations from people in the financial media you must understand the difference between entertainment and advice.
-Ben Carlson, from here
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