How Most Investors Turn a Winner’s Game Into a Loser’s Game
Update: 2025-05-02
Description
Chapter Four
How Most Investors Turn a Winner’s Game Into a Loser’s Game
-
“The Relentless Rules
of Humble Arithmetic”
BEFORE WE TURN TO the success of indexing as an invest-
ment strategy, let’s explore in a bit more depth just why it is
that investors as a group fail to earn the returns that our
corporations generate through their dividends and earnings
growth, ultimately reflected in the prices of their stocks.
How Most Investors Turn a Winner’s Game Into a Loser’s Game
-
“The Relentless Rules
of Humble Arithmetic”
BEFORE WE TURN TO the success of indexing as an invest-
ment strategy, let’s explore in a bit more depth just why it is
that investors as a group fail to earn the returns that our
corporations generate through their dividends and earnings
growth, ultimately reflected in the prices of their stocks.
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