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DEEP THOUGHTS FROM MICHAEL MAUBOUSSIN

Consuelo Mack of Wealth Track sat down with Michael Mauboussin Chief Investment Strategist of Legg Mason Capital Management. ┬áMauboussin explains why he believes it’s becoming increasingly difficult to beat the market and why doing less in the more will result in more. ┬áMauboussin also discusses the primary mistakes that investors make and why psychology plays such an important role in our market behavior. Mauboussin is one of the premier behavioral finance experts in the world. As discussed in my recent must read list, his work is always a must. This interview is no exception:

 

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