The investing mistakes Wall Street veterans still think about

• Veterans advise against chasing returns or succumbing to FOMO, emphasizing that the market will always present opportunities.
• Patience and a long-term perspective are crucial, leveraging the power of compounding and avoiding frequent trading.
• Understanding personal risk tolerance and diversifying investments are highlighted to prevent significant losses and manage emotional decisions.

This Yahoo Finance 'Trader Talk' segment discusses common investing mistakes Wall Street veterans reflect on, offering advice for new investors. Key recommendations include prioritizing patience, avoiding the urge to chase returns, and understanding risk tolerance to foster long-term success rather than short-term gains.