"Rather than be grateful, the author got greedy. Spurred by success, he became somewhat compulsive, and began reading everything he could on investing. To brokers, he became "the impossible client," (my words, not those of the book) because now he could never be satisfied. Instead of being happy with a long-run impossible goal of 15%/year (double your money every five years), he wanted to double his money every 2-3 years. (26-41%/year)." https://www.amazon.com/product-reviews/B001NROCLM/ref=acr_dpproductdetail_text?ie=UTF8&showViewpoints=1
-- I've often posted roughly the same dour idea: It's an investing fact that it's almost impossible to make more than 10% annually long haul in the stock market. Buffett does it mostly because he has free leverage available to him from his many insurance holdings.
______________________________________________________________ Because the Good Life is Just a Pump or Two Away
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