Today I have an interview up on Investorz Blog, an interesting site about investing and life motivation, run by Tony Chou. I discovered Tony’s blog a month or two back with a controversial and thought-provoking post about Warren Buffett. I have gone back to visit many times since!
Here are some excerpts from the interview:
So what kind of an investor are you? Are you just trading your pension fund, or are you a full time investor? Approximately how many positions do you like to have at a time? Typically, how long do you hold each investment?
My friend jokingly refers to me as an “index hugger”. That should tell you all that you need to know.
What do you consider to be the biggest investment lie. For example, I believe the biggest lie is “insiders are buying, hence you should buy too.”
I consider the biggest investment lie to be that investments always go up forever. I believe that, along with investments, we also need to build up side income and work at getting out of the rat race in order to truly achieve freedom. In the long run, there’s a pretty good chance that you’ll get a good return out of the markets, but it’s better if you’re not completely dependent on that.
Read more: Interview With Investor Kevin.