Why are we still waiting for Adam Sandler to play a lovably immature bond analyst?
If it feels like it’s been forever since we’ve heard from Ken Lewis it’s because it has. Following his retirement in 2009, the former Bank of America CEO went underground to do some soul-searching. To figure out what made Kenneth D. Lewis tick. Did he want to want to be a CEO of another company? Did he want to get involved in another industry entirely? Did he want to grow a beard again? Did he want to be a shepherd? These are the questions that needed answers and today, finally, we’ve got some. No word on the beard but it appears that for now, Lewis is staying away from Wall Street and pursuing another passion: the movie business.
The more frequently you monitor your portfolio, the more likely you are to observe a loss.
This is likely to cause short-sighted decisions and could hurt your investment performance.
If you are checking your portfolio more than once per quarter, you’re doing it too much.
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Dan Egan, Betterment Director of Behavioral Finance and Investing
Sayeth the Doctor: In the 1987 film Wall Street, the character Gordon Gekko famously declared, […]