By: Kirk Chisholm
Timeless Wall Street Wisdom
Wall Street is steeped with wisdom by learning from another’s folly. While no one wants to be held out as an example of what not to do, it is inevitable that someone makes the mistake. Human psychology is interesting in that what should be a valuable lesson to the rest of us, is squandered away by attempting to do the same thing over and over again. Fortunately many investors have come to the table before you and me and have left a valuable trail of lessons to learn from.
I am writing a category of blog posts with valuable Timeless Wall Street Wisdom. Anyone who cares to read it will be able to learn something new. These are lessons which I have learned over the years either through my own folly or by observing others… mostly through observing others. There is one certainty on Wall Street: if you think you are the first to make this mistake, you are not. There are no new investing paradigms, there are no new ideas, and when you hear the words, “but this time its different”… you should know that it never is. I hope you enjoy my Wall Street Wisdom…