(Video: Market coach Doug Hirschhorn, PhD, discusses the lessons that can be learned from Tiger Woods' handling of this week's events.)
So this week, we learned Tiger Woods really is human, after all. And for the traders out there, his situation is an excellent reminder of lessons in proper risk management. Here are 4 things we can learn from Tiger:
If he learns his lesson, Tiger is going to be a better golfer, better person and even a better dad as a result of what he is going through. And you know what, if you learn from your mistakes, then youll be better too.
Think better, invest smarter.