The Downside of Conviction
Conviction is probably the most important thing in investing. Regardless of the investment strategy you utilize, the ability to stick with it during the challenging periods is required to achieve its potential. But conviction can also sometimes be a bad thing. It can lead us to see certainty where it doesn't exist. It can also lead us to discount valid arguments against our investment approach.
In this episode we discuss the downside of conviction and what investors can do to make sure it doesn't derail their investment plan.
We hope you enjoy the discussion.
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