Investors will be ‘miles ahead’ if they avoid these 3 things, ‘How Not to Invest’ author says

Key Points

Many people are bad investors largely because they aren’t skeptical enough: They react emotionally and they don’t understand compound interest, said Barry Ritholtz, chairman and chief investment officer of Ritholtz Wealth Management.
Famous investors like Warren Buffett and Peter Lynch who consistently beat the market are rare, Ritholtz said.

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