Lessons Learned From Three Decades of Investing

What separates the best investors from the rest?

A stock market trading chart.
(Image credit: Getty Images)

All investors will experience their share of success and failure. The market doesn’t play favorites. So what separates the best investors from the rest? It’s the lessons we learn along the way and how we apply them going forward.

Following are some of my top takeaways from three decades of investing:

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Registration with any regulatory body should not be construed as an endorsement or an indicator of investment skill, acumen or experience. Investments in securities are not insured, protected, or guaranteed and may result in loss of income and/or principal. Unless stated otherwise, any mention of specific securities or investments is for hypothetical and illustrative purposes only. Adviser’s clients may or may not hold the securities discussed in their portfolios. Adviser makes no representations that any of the securities discussed have been or will be profitable.

Daniel Kern, CFA®, CFP®
Chief Investment Officer, Nixon Peabody Trust Company

Daniel S. Kern, CFA®, CFP®, chief investment officer of Nixon Peabody Trust Company, is responsible for overseeing the firm’s investment process, research activities and portfolio strategy. He previously was the managing director and chief investment officer of TFC Financial Management. Earlier in his career, Dan was head of asset allocation at Charles Schwab Investment Management and managed global and international equity portfolios for Montgomery Asset Management. He is a contributor to TheStreet.com and ThinkAdvisor.com and a regular guest on Bloomberg’s Baystate Business and TD Ameritrade Network.