The Investors at Most Risk

Amar Pandit , CFA , CFP

Let me set the context for this Nano with a simple question…

What kind of investors carry the most risk?

I know what you are thinking…The ones who take the biggest risk…

Nope that’s not the context of the question…Let me explain what I mean through an interesting quote and my observation…

Karen Marie Moning said, “There are three kinds of people in the world:

1. Those who don’t know and don’t know they don’t know.

2. Those who don’t know and do know they don’t know.

3. Those who know and know how much they still don’t know.

I would add one more to the above list…those who know and think they know everything there is to know.

Now amongst these 4 types of people, which one(s) carry the most risk and why?

I look forward to hearing from you…