Please ensure Javascript is enabled for purposes of website accessibility

Presentation Slides: What Makes Us Bad Investors

By Morgan Housel - Jul 15, 2013 at 11:20AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Simple slides from a recent talk.

I recently gave a talk at the American Association of Individual Investors, and again at a Motley Fool gathering in Toronto. Below are the slides I used in the talks. (I removed a few that would have been too confusing without context.)

The theme of the talk is simple. Most investors underperfom a basic benchmark like the S&P 500 (^GSPC 1.73%). To me, that fact has always emphasized two points: That markets and the economy work far differently than we assume, and figuring out what makes people bad investors is a more important topic than what makes a good investor. 

Enjoy! 

Follow Morgan Housel on Twitter @TMFHousel. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

S&P 500 Index - Price Return (USD) Stock Quote
S&P 500 Index - Price Return (USD)
^GSPC
$4,280.15 (1.73%) $72.88

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
400%
 
S&P 500 Returns
128%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 08/15/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.