finsovet's  Instablog

Send Message
I am a Moscow-based bi-lingual blogger and investor. Started as a Russian mutual fund investor in 1999, I went for an ETF portfolio late in 2007. Survived the 2008/9 meltdown and love sharing the way I invest. Publisher of the Marathon Investor newsletter, a virtual primer of a balanced... More
My company:
Marathon Investor
My blog:
Finsovet (Russian) See also
  • To High Cuisine! 0 comments
    Apr 21, 2012 10:20 AM

    GMO's letters are always a great read, but this one is a must. It has got me thinking of investing as diet. There is 'junk food', which gives certain immediate effects and might be pleasing in the short run. But there is also veggies, healthy food etc., which might seem not as tasty immediately, but will have much positive impact on your long-term health. GMO's investment approach definitely belongs to the latter. They will not always please you (and great that they are candid about it), but if you have developed good habits and taste, you will tell the difference between them and the sea of mediocrity in investment management business. To high cuisine!

    Hat tip: Market Folly

Back To finsovet's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments

Most Commented
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.