In part 1, we talked about our investment philosophy. Let’s continue to explore the journey to investment success.
Focus on What You Can Control
Beating the market is great if you can do it, but it's not a requisite for investment success. It's actually pretty far down the list of things to worry about. Even the best investment strategies can go through lengthy stretches of underperformance, and there's usually not much you can do about it. It's far more important to focus on things you can control: fees, tax efficiency, diversification, the amount of risk in your portfolio, and your behavior.
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