How Regret Can Improve Investing

Unhappiness about the stocks you should have bought can be a useful lesson for investors

John Rekenthaler 27 July, 2018 | 12:44PM

Investing emotions

Have you ever invested via time travel? Calculated how much money you would possess had you known the financial future? I confess to such a daydream. It is February 1975, my parents inquire what I wish for my birthday, and I respond, “As much Berkshire Hathaway (BRK.A) stock as you can buy for $1,000, please.”

That transaction would have netted 25 shares. With Berkshire Hathaway shares now trading at $300,000, that 14th birthday gift would be worth a cool $7.5 million. Thanks, parents!

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Berkshire Hathaway Inc A277,260.00 USD3.47

About Author

John Rekenthaler

John Rekenthaler  is vice president of research for Morningstar.

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