At the end of one poorly performing year, I was tempted to “window dress” the portfolio. Mutual funds and portfolio managers use the strategy of window dressing to improve the appearance of a fund’s performance at the end of the year or quarter.
Lesson learned: Surround yourself with good people, listen to them especially if you know they have your best interest at heart and do not allow the pressures of the job to break your moral compass, writes Kara Tan Bhala.