Economic TimesLean R·
George Goodman’s investing wisdom: Why sometimes the best move is to do nothing
In an age of instant trading, algorithm-driven investing and constant market updates, legendary market commentator George Goodman believed that one of the hardest, and often most rewarding decisions an investor can make is to simply sit tight. Writing under the pen name Adam Smith in his classic 1968 book 'The Money Game', Goodman argued that investing is as much about understanding human psychology as it is about analysing financial statements. His insights continue to resonate with investors …
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