My greatest investment mistakes of 2016

[Vaygor1]

.... I also note that some people seem to have the need to try and recover their losses on a stock with the same stock. That is an emotional attachment which does no good.

Never a truer word said.

Historically, I have been super guilty of this.

Working this issue through in my brain and finally coming to terms with and accepting I had been making emotional decisions in this area was an important step towards level-headedness... a quality in which I still fall short, but for other reasons.

I was lucky. On the occasions the above scenario took place, the outcomes for me were in fact splendid, but I know now that in the few instances I did this in the past (and with some pretty high stakes I might add), my rationale was just plain wrong.