As an investor,
I know I’m too quick
to take profits.
Once a stock does well,
at all,
I want to sell it.
If I did that,
I would forgo
additional profit.
So I partner with
a financial adviser
who tends to hold stocks
a little too long.
He convinces me
to hold stocks
a little longer than
I normally would.
I convince him
to sell stocks
a little quicker than
he normally would.
Working together,
we tend
to sell at
about the right time.
Know your weaknesses.
Consider choosing
partners
who will offset them.