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<blockquote data-quote="Tail Gunner" data-source="post: 1167562" data-attributes="member: 2705">It may seem really smart to throw out a quip such as this one, until you ask the question &quot;why&quot;?&nbsp; This comment is a perfect example of EXACTLY why I urge forum members to commit to learning about business, finance, investing, or any other field by investing in yourself for 15-30 minutes every day for years (or even decades).&nbsp; Be an autodidact.Most knowledgeable people would just shake their head and walk away&nbsp; after someone made such a comment.&nbsp; I really am trying to help you guys out, by spurring you to think outside the box and to improve yourselves.&nbsp; There are three things that you must consider when making any investment (or any major life decision):&nbsp; (1) things you know, (2) things you don't know, and (3) things that you don't know that you don't know.&nbsp; You can survive the second category by simply educating yourselves.&nbsp; It is the third category that is the real killer.Anyone who knows even the most elemental rules of investing knows that investment yield decreases inversely to the size of an investment fund.&nbsp; Large funds, such as Warren Buffet's, cannot snap up the smaller investments that originally contributed to their success.&nbsp; Many funds underperform the market indices and eventually go out of business because of this very fact.&nbsp; Warren Buffet is famous, in part, because he made such consistent returns despite this obstacle.&nbsp; It is axiomatic that smaller investors can produce far higher yields than Warren Buffet when not operating under such constraints.<a href="http://awealthofcommonsense.com/2014/09/size-enemy-performance/" target="_blank">http://awealthofcommonsense.com/2014/09/size-enemy-performance/</a></blockquote>

[QUOTE="Tail Gunner, post: 1167562, member: 2705"] It may seem really smart to throw out a quip such as this one, until you ask the question "why"? This comment is a perfect example of EXACTLY why I urge forum members to commit to learning about business, finance, investing, or any other field by investing in yourself for 15-30 minutes every day for years (or even decades). Be an autodidact. Most knowledgeable people would just shake their head and walk away after someone made such a comment. I really am trying to help you guys out, by spurring you to think outside the box and to improve yourselves. There are three things that you must consider when making any investment (or any major life decision): (1) things you know, (2) things you don't know, and (3) things that you don't know that you don't know. You can survive the second category by simply educating yourselves. It is the third category that is the real killer. Anyone who knows even the most elemental rules of investing knows that investment yield decreases inversely to the size of an investment fund. Large funds, such as Warren Buffet's, cannot snap up the smaller investments that originally contributed to their success. Many funds underperform the market indices and eventually go out of business because of this very fact. Warren Buffet is famous, in part, because he made such consistent returns despite this obstacle. It is axiomatic that smaller investors can produce far higher yields than Warren Buffet when not operating under such constraints. [URL]http://awealthofcommonsense.com/2014/09/size-enemy-performance/[/URL] [/QUOTE]

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