How Wall Street’s Short-Term Thinking Costs You: American International Group, Inc. (AIG)

Think long-term
All of these investors managed to overcome the pressure to think short-term, but countless less-experienced money managers don’t have the luxury of a second chance and therefore won’t always succeed. If you want to be successful in meeting your financial goals, you can’t afford to fall prey to short-term thinking. Keep your eyes on the people who manage your money, and make sure they’re not costing you huge long-term returns with short-term decisions.

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The article How Wall Street’s Short-Term Thinking Costs You originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger owns shares of Berkshire Hathaway and warrants on AIG. The Motley Fool recommends AIG and Berkshire Hathaway. The Motley Fool owns shares of AIG, Bank of America, and Berkshire Hathaway, and has options positions on AIG.

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