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Michael Falk: "Look in the mirror' to find your biggest investment challenge

Michael Falk: "Look in the mirror' to find your biggest investment challenge

Money Life with Chuck Jaffe · Money Life with Chuck Jaffe

September 30, 20211h 4m

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Show Notes

Michael Falk of Focus Consulting Group -- who joins Chuck at the end of every quarter to discuss the market, investing and his personal battle with Lou Gehrig's Disease -- says that investors need to recognize that the greatest obstacle to their long-term financial success isn't the market and the economy, but the man in the mirror. 'Behavior,' he says in a wide-ranging interview, ' is more important than your investments,' noting that you will 'cause the greatest amount of error in any decision-making process you can use or design.' Also on the show, Tom Lydon of ETFTrends.com makes a brand new, tech-oriented fund from Goldman Sachs his ETF of the Week, and Bryan Lee of Blue Zone Wealth Advisors talks about finding stocks with recurring, repetitive business models -- particularly on small-ticket items -- in the Market Call.