Mark Twain (allegedly) once said "History doesn't repeat itself but it often rhymes".

Our most successful clients all share a similar mindset which they have followed over the years. If you would like to attain similar results, it starts with this way of thinking which then leads to better decisions during emotional times.

One of the wisest investors of our time, Warren E. Buffett wrote those wise words in his 1994 annual newsletter and they ring as true today as they did a quarter century ago.

Loss aversion is an essential survival tool that is very much a part of the human condition. After all, our fight or flight response comes in handy should we happen to find ourselves face-to-face with a large bear in the woods. But when it comes to the financial markets, our tendency to want to “get out” whenever things go the wrong way can be detrimental to our financial health.