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Why investors should never get starstruck

Last month at the Sundance Film Festival, I saw some great movies, partied it up a bit and schmoozed with celebrities. Perhaps it's the pseudo-celebrity status that came with my TV show or the $300,000+ personal loss I took on an investment I truly believed in, but I never get starstruck anymore. Not with celebrities and definitely not with companies. And as an investor, you can learn from this. I'll explain.

While at the festival, I bumped into "celebrity" Maria Bello, and my ability to have a casual conversation with her led to an interesting encounter highlighted by some flirting and several great pictures (see them all HERE).

Ms. Bello barely gave starstruck, incredibly crazed, fans the time of day; after all, nobody -- celebrity or not -- can really take anybody who's screaming and crying in awe of their presence very seriously. So, while it was a fun moment for me, I couldn't help but think how this related to the stock market.

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DJIA-89.2312,801.23
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Last updated: February 11, 2012: 05:35 PM

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