{"id":43264,"date":"2023-07-31T23:13:36","date_gmt":"2023-07-31T23:13:36","guid":{"rendered":"https:\/\/thepatientinvestor.com\/?p=43264"},"modified":"2023-07-31T23:13:36","modified_gmt":"2023-07-31T23:13:36","slug":"investing-is-a-losers-game","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2023\/07\/31\/investing-is-a-losers-game\/","title":{"rendered":"Investing is a loser\u2019s game"},"content":{"rendered":"<blockquote><p>I\u2019ve said this many times before but I think it bears repeating. Investing is a loser\u2019s game, one that is won by making the fewest mistakes. There will be times, sometimes fleeting, when the payoff from being bold is so large you have to make the bet. But those moments, periods when sentiment becomes so extreme it can\u2019t last, are rare. The rest of the time, investors are much better served by making only small changes to avoid large mistakes. ~ Joseph Calhoun III, <a href=\"https:\/\/alhambrapartners.com\/2023\/07\/31\/weekly-market-pulse-soft-landing\/\">Alhambra Investments<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>I\u2019ve said this many times before but I think it bears repeating. Investing is a loser\u2019s game, one that is won by making the fewest mistakes. There will be times, sometimes fleeting, when the payoff from being bold is so large you have to make the bet. But those moments, periods when sentiment becomes so &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2023\/07\/31\/investing-is-a-losers-game\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Investing is a loser\u2019s game&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"quote","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[24],"tags":[6035,6034],"class_list":["post-43264","post","type-post","status-publish","format-quote","hentry","category-quotes","tag-investing","tag-joseph-calhoun-iii","post_format-post-format-quote"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Investing is a loser\u2019s game - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investing is a loser\u2019s game - the patient investor\" \/>\n<meta property=\"og:description\" content=\"I\u2019ve said this many times before but I think it bears repeating. Investing is a loser\u2019s game, one that is won by making the fewest mistakes. There will be times, sometimes fleeting, when the payoff from being bold is so large you have to make the bet. But those moments, periods when sentiment becomes so &hellip; Continue reading &quot;Investing is a loser\u2019s game&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2023\/07\/31\/investing-is-a-losers-game\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-31T23:13:36+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2023\/07\/31\/investing-is-a-losers-game\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2023\/07\/31\/investing-is-a-losers-game\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Investing is a loser\u2019s game\",\"datePublished\":\"2023-07-31T23:13:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2023\/07\/31\/investing-is-a-losers-game\/\"},\"wordCount\":94,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"Investing\",\"Joseph Calhoun III\"],\"articleSection\":[\"Quotes\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2023\/07\/31\/investing-is-a-losers-game\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2023\/07\/31\/investing-is-a-losers-game\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2023\/07\/31\/investing-is-a-losers-game\/\",\"name\":\"Investing is a loser\u2019s game - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2023-07-31T23:13:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2023\/07\/31\/investing-is-a-losers-game\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2023\/07\/31\/investing-is-a-losers-game\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2023\/07\/31\/investing-is-a-losers-game\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Investing is a loser\u2019s game\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. 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When you talk about cap weighting in bonds, the drawbacks are flagrantly obvious.With cap weighting, consider that Australia has three times the GDP of Greece, and Greece has three times the debt burden of Australia. 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