Bob FraserCFO & Macro Strategist | Data-Driven Investing Expert | Speaker & Author

Emotions are not your friend as an investor In fact, they're your enemy | Bob Fraser of Aspen Funds

Name: Emotions are not your friend as an investor In fact, they're your enemy | Bob Fraser of Aspen Funds
Uploaded: 2022-09-24T15:40:00+00:00
Duration: 54 s
Channel: Bob Fraser
Description: In this segment, Bob Fraser of Aspen Funds argues that emotions are detrimental to investing. He warns against falling in love with a particular deal or…

24 Sept 2022 · 1 min

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In this segment, Bob Fraser of Aspen Funds argues that emotions are detrimental to investing. He warns against falling in love with a particular deal or idea, likening it to using a hammer for every problem, because each investment has a limited “season” after which it may no longer perform. Fraser advises investors to adopt a deal‑agnostic and market‑agnostic stance, stay humble, and let market signals—not preconceived notions—guide decisions. He uses a personal analogy, suggesting one can love a spouse forever but should not become emotionally attached to a business opportunity.

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Emotions are not your friend as an investor. Exactly. They, in fact, they're your enemy. And you know, how many times have we seen someone fall in love with the deal, right? You fall in love with the deal and you know, you got a hammer and everything looks like a nail. Well, that just, it's certain season in life that'll work for you. And then all of a sudden it doesn't work anymore. You can't fall in love with a deal or even an idea, you know, because every idea has its season. Every deal has its season and then it goes out of season and you have to know what season you're in, you know, and you know, so it's, it's not— you can't fall in love with deals. You have to be kind of deal agnostic. You have to be kind of market agnostic. You have to kind of be humble. You have to kind of go with what the market is telling you, not what your preconceived ideas you brought in, right? Yeah. Fall in love with your spouse and stay with them to the end. But don't do that with a— don't do that with a business.