Was That a Bottom? Should We Even Care? [View article]
Just a reminder from John Maynard Keynes: "In the long term we are all dead"... And from Jim Cramer: "Pigs get slaughtered". Not mentioned in this article, and in scores of others: investor have to review his/her portfolio all the time. Buy and hold can get you wiped out too. And overly broad diversification can reduce your earnings to the level of 3 year CD. As well as dumb rebalancing. One note on Buffet: he's made significant amount of his money on arbitrage. His investment/trading strategies are much more complex than financial press wants us to believe.
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Just a reminder from John Maynard Keynes: "In the long term we are all dead"... And from Jim Cramer: "Pigs get slaughtered".
Jul 17 14:15 pm
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All Comments by Alex Filonov »Was That a Bottom? Should We Even Care? [View article]
Not mentioned in this article, and in scores of others: investor have to review his/her portfolio all the time. Buy and hold can get you wiped out too. And overly broad diversification can reduce your earnings to the level of 3 year CD. As well as dumb rebalancing.
One note on Buffet: he's made significant amount of his money on arbitrage. His investment/trading strategies are much more complex than financial press wants us to believe.