Investment Article

Click HERE for an interesting article about investing.
Here are some of my favourite lines:
2. The gulf between a great company and a great investment can be  extraordinary.

3. Markets go through at least one big pullback every year, and one massive  one every decade. Get used to it. It’s just what they do.

4. There is virtually no accountability in the financial pundit arena.  People who have been wrong about everything for years still draw crowds.

11. Not a single person in the world knows what the market will do in the  short run. End of story.

12. The analyst who talks about his mistakes is the guy you want to listen  to. Avoid the guy who doesn’t — his are much bigger.

16. Warren Buffett’s best returns were achieved when markets were much less  competitive. It’s doubtful anyone will ever match his 50-year record.

18. The more someone is on TV, the less likely his or her predictions are  to come true. (U.C. Berkeley psychologist Phil Tetlock has data on this).

27. When someone mentions charts, moving averages, head-and-shoulders  patterns, or resistance levels, walk away.

28. The phrase “double-dip recession” was mentioned 10.8 million times in  2010 and 2011, according to Google. It never came. There were virtually no  mentions of “financial collapse” in 2006 and 2007. It did come.

40. Most would be better off if they stopped obsessing about Congress, the  Federal Reserve, and the president and focused on their own financial  mismanagement. 

41. For many, a house is a large liability masquerading as a safe asset.


About borgford

Feel free to contact me with questions:
This entry was posted in Commentary. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s