23 July, 2010

Most Investors Take To Many Risks

"I feel that most investors take far too many risks – often with borrowed money – and fail to diversify sufficiently. They also have little patience, very short-term time horizons and no tolerance for losses. Finally, their expectations about investment returns are completely unrealistic."

in GBD Report

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.