Ponzi Schemes & Ego

Posted On January 6, 2017 5:57 pm

One of the biggest risks in investing is thinking you are too smart to make a mistake. That kind of excessive ego and hubris has led to the downfall of some of the most successful and well respected people in history. Here are just two famous examples of how stepping outside your circle of competence, AND an unwillingness to learn about proper investing methodology can cost you dearly.

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Dividend Sensei

I'm an Army veteran and former energy dividend writer for The Motley Fool. I'm a proud co-founder of Wide Moat Research, Dividend Kings, and the Intelligent Dividend Investor. My work can be found on Seeking Alpha, Dividend Kings, iREIT, and the Intelligent Dividend Investor. My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams and enrich their lives. With 24 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and income streams and achieving long-term financial goals.

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