Suppose, after reading a favorable article on a company, you go out and buy the stock at $10 per share. A year later, the stock price reaches $20, and you close out your position, doubling your money in a year—a …Read More...
Opinions on market trends and investing strategies.
For 35 years I’ve carried a quotation in my wallet. More precisely, I’ve moved the quotation, clipped from a now-defunct newspaper, from wallet to wallet to wallet over the decades.
The quotation is from Willa Cather’s “O Pioneers”:
“There are …Read More...
Of all the generally accepted investment concepts called into question by the recent market environment, it seems to me that rebalancing is pretty close to the top of the list.
During late 2008 and early 2009, rebalancing your portfolio to …Read More...