Banríon Capital Management Inc. reposted this
Co-Founder & Chief Investment Strategist @ Banríon Capital Management | Investment Strategy | Tango Dancer 💃🏾
Last week's CAZ Investments Themes for Investing Conference was truly insightful! Speakers covered a wide range of topics, including the future of investments in energy, housing, and sports. One key takeaway from CIO Christopher Zook was the 8 common investing mistakes to avoid: - Not knowing where the wind is - Not understanding an asset's correlation to GDP - Not appreciating the double-edged sword of leverage - Insufficient evaluation of the source - Ineffective diversification - Over-paying for assets - Not understanding the exit plan - Following the herd It's always a pleasant reminder that anyone in our industry is capable of making these mistakes. My key takeaways to avoiding these mistakes boil down to: - Research and become a subject matter expert in your field - Never rely solely on your knowledge and seek out sources from others - Remain prudent in your investment approach - Diversify your risks and investments - Know your exit - Be fearful when others are greedy Curious to know if anyone has any feedback on how to avoid those investment mistakes, or if you have your own list of common investing mistakes to avoid? #Investing #Finance #CAZInvestments #ConferenceInsights