The smart investor has a profit target and when that is met, three years or not, he/she sells. WS prices the future and so at three years the stock is actually reflecting four year's expectations. If your expectations are realized in six months get out. If you have no expectations, don't get in.
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The smart investor has a profit target and when that is met, three years or not, he/she sells. WS prices the future and so at three years the stock is actually reflecting four year's expectations. If your expectations are realized in six months get out. If you have no expectations, don't get in.
Jun 06 10:56 am
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All Comments by secmaven »A Look at Fisher's Three-Year Rule [View article]