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February 16, 2024

Risk and Return

Elm in Bloomberg Magazine: The Most Costly Investment Mistake You Can Make Is Easy to Avoid

By Victor Haghani and James White 1

There are a number of ways an investment can go south, but getting the size of a trade wrong can convert even a good trade into a bad bet. That’s the subject of our new article, “The Big Investment Mistake,” published in this month’s Bloomberg magazine.

I hope you enjoy the article, but at the very least, you can see a gorgeous picture of Elm’s own Chief Happiness Officer – Milo, the soft-coated Wheaten terrier!

If you want to take a deeper dive into these topics, grab yourself a copy of our book, The Missing Billionaires: A Guide to Better Financial Decisions (named to The Economist’s Best Books of 2023 list).

The Missing Billionaires was included on the list for “The Best Books of 2023, as chosen by The Economist”, listed on 12/1/2023 for the time frame of calendar year 2023. This list is not based on any specific, publicly available criteria, it was compiled using The Economist’s own internal criteria and was based solely on the entity’s own thoughts and opinions. Neither Elm Wealth nor the book’s authors provided any form of compensation to be included on the list.

  1. This not is not an offer or solicitation to invest, nor should this be construed in any way as tax advice. Past returns are not indicative of future performance.