After seventeen years writing an investment column for USA Today, Matt Krantz is joining a money management firm and leaving us with the top lesson he’s learned in all those years.
Coincidentally and nearly simultaneously, I ran into two former students at a local Starbucks who had attended my class a few years ago. They reminded me of three stocks we had in our class portfolio back then — Amazon, VISA and Mastercard. I was pleased for them since I personally invested in all three equities and was rewarded with exceptional returns. Then they sheepishly confessed that they had not actually invested in any of these three stocks. (But note how well they could recall them from class!)