One of the worst habits investors have is doing too much. From over-analysing portfolios to over-trading, being too hands-on is very damaging to returns over time. Practicing inactivity is one of Warren Buffett's key tips, and I think he's right.
As long as a business continues to perform well, its intrinsic value will rise. Falling share prices can be a good thing for investors in such businesses, as this creates an opportunity to buy a bigger stake for the chance of more long-term returns.
A long-term and patient portfolio performance is arguably more important than ever, given many people aren't cashing in pension pots for annuities; and are relying on the portfolios for the rest of their lives.
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