Understanding “why” we own or might own a business, an investment or a racehorse, is far more revealing (emotional and psychological reasons) than the mechanics (structure).

Yet the overwhelming majority of people you meet (investors, advisers, wealth managers), rush to examine the plumbing, the wiring and the construction, to grasp “how” something is, or could be, owned by another owner.

Who has your best interests at heart?

Tags: critical thinking, investment