Learning from investment mistakes

How can anyone give investment advice, if they do not take it themselves? Indeed why would anyone want to become an investment adviser, if they did not want to get rich by taking their own advice? That sounds old fashioned and naïve, but it was what attracted me to this industry as a rookie stockbroker. My own advice has resulted in some disastrous mistakes. Fortunately these are out-weighted by a greater number of gratifying successes. After three features on the statistics of which investment vehicles perform best, here are my personal experiences of what I found did and did not wor...