Chapter 26. A Word About Your Ego

An ego is a terrible thing to have. It forces you to depend on the market to bail you out of a wrong decision. Have you ever said to yourself, “I don’t want to take a loss, so I’ll sell when I get back to even?” How many times do you actually get that chance?

I’d rather be right than President—Senator Barry Goldwater, during an unsuccessful election run for U.S. President.

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