Investing Personality
Egoistic Investors

Summarized Overview

In this article you will find information about,

• egoistic investors profile.
• who have this investing personality.
• some advice if you are one of them.

Egoistic Investors Profile

Egoistic investors are brave and courageous enough to invest their capital into high risk investment instrument. Unfortunately, not all high risk stocks bring high returns. This investing personality recognized by other investors to be the first in every opportunity. For example, buying riskier IPOs, or newly registered stock counters when others shy away from them.

When they make profitable gains, they speak highly on themselves. Otherwise, the blame the company, the market or their stock brokers if the have lost. And because of their inflated ego, they failed to learn from their own mistakes and rather choose to forget about them. Right after nursing their bruised ego, they simply get back to being themsleves, announcing to other people that they are back to avenge their losses.

Other Personality Reserved Investors Herd Investors Hard Headed Investors Laid Back Investors Speculative Investors Opportunistic Investors Discipline Investors

Strength

• You don't follow other nor listen to stock tips, recommendations and rumours. You act independently,
• You have the ability to influence other investors to follow your investment ideas, and
• Natural risk takers.

Weakness

• Your ego has a direct influence on your investment decision, and
Easily forgetting past losses and seldom learning from these mistakes.

Who Are They

Professionals with scientific or technical backgrounds such as doctors and engineers. Others include professional fund managers, ex-stock market broker and retired or seasoned investors or traders.

Advice for Egoistic Investor

• Consistently monitoring your ego and emotions. Ask yourself if you are taking excessive risks and ignoring the signs (buying low quality stocks on a downtrend,
• Confide in and discuss with someone that is close to you for your serious financial matters, and
• Diversify your portfolio into non-correlated assets such as hedge funds and commodities to reduce risk.

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