Tag - stock market anxiety

Advice to the Advisors

math calculations on chalkboard, Sheaff Brock money managers, arithmetic of loss

Softening the Harsh Arithmetic of Loss

Sometimes serving as an advisor can feel like teaching a course about cancer to medical students. When it comes to investments, it might be said that the market itself is the greatest of teachers, but that attending class isn’t always fun. Just as those doctors-to-be, learning about the ravages cancer can cause, persist in hoping the lesson applies to others, never to themselves, your clients tend to persist in their denial of the arithmetic of loss and the potential [...]