Sh*tty Investor
Sh_tty Investor – unfortunately, I am a terrible investor. My instincts seem to start from the view that I am smarter than everyone else and then lose money. Not the best plan. The most salient of these was my investment career in the stock market where I found stocks that went down – and even went bankrupt – during one of the largest bull markets in world history. At age 40 – after being employed every single year since law school – I had a net worth of zero! Pretty amazing huh? Then I read about Warren Buffett and just like that I was cured! I don’t mean to say I have been a ‘good’ investor since that time — I am still terrible at it. Instead, I changed my goal from winning to not losing. That has allowed me to do “okay” for the next 25 years. If only I had bought a ton of bitcoin five years ago when my daughter was touting it — I smugly) told her how dumb it was.