When it comes to understanding exactly “what got us here,” I find it helpful to review some of the key bits of advice that Wall Street kept pitching to retail investors, a series of widely accepted investment adages that somehow became gospel and that I refer to as “Wall Street’s Biggest Whoppers.”
Let’s take a couple of minutes to look at the Big Five - the five worst offenders from a list that I assure you is actually quite a bit longer:
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