2nd Quarter 2015
“What the wise do in the beginning, fools do at the end” — Warren Buffett
To our clients and friends:
At the risk of overexposing my readership to quotations attributable to Warren Buffett, I couldn’t help but seize upon this latest gem to launch this quarter’s discussion.
There is sometimes a fine line—a delicate balance, even—between taking risk and seeking reward. Nevertheless, at other times the distinction is more blatant. Behavioral finance plays a major role in both cases. Let me illustrate what this means.
About the Author
Fama Fiduciary Wealth LLC is an SEC-Registered Investment Advisory firm originally established in 2001 under the name of Andrew J. Fama Asset Management. With over 30 years of experience representing financial institutions, businesses and individuals, Mr. Fama understands the risks inherent in all types of investments.
To learn more about Andrew J. Fama click here.