Statements Discouraging Market Timing / Price Discipline Are Wealth Destroyers
Irrational exuberance is nasty stuff. It appears when investors crave more in the way of stock gains than increases in … Read more
Irrational exuberance is nasty stuff. It appears when investors crave more in the way of stock gains than increases in … Read more
I remember reading the article on the front page of the New York Times reporting on how Robert Shiller and … Read more
The most dramatic damage done by the promotion of Buy-and-Hold stock investment strategies is experienced during price crashes. Buy-and-Holders urge … Read more
The standard Buy-and-Hold stock allocation advice is that investors should go with a portfolio of 60 percent stocks, 30 percent … Read more
I was once a Buy-and-Holder. I have great respect for my Buy-and-Hold friends, who I find to be smart, hard-working, … Read more
“Buy-and-Forget” investing is similar in some ways to “Buy-and-Hold” investing. But there are also important differences between the two concepts. … Read more
Buy-and-Holders believe that market timing is a bad idea. It never works, they claim. Investors are rational. So they always … Read more