KIM: Every investor needs an ‘overnight test’
Pretend someone comes in one night and sells all your investments. … Would you rebuild the same portfolio you had before?
Pretend someone comes in one night and sells all your investments. … Would you rebuild the same portfolio you had before?
Franklin D. Roosevelt famously said, “When you get to the end of your rope, tie a knot and hang on.” Investors who heeded that advice during the scary decline last August and September have been rewarded.
Don’t let conventional decision-making reduce your chances of winning the investment “game.”
There are some highly experienced and skilled investors who make unconventional predictions I think are worth paying attention to.
Every once in a while I come across timeless advice like Davis Advisors’ “The Wisdom of Great Investors: Insights from Some of History’s Greatest Investment Minds.”
Like many, I eagerly await the publication of Berkshire Hathaway’s annual reports, which always contain timeless lessons from Warren Buffett.
Unlike bank deposits or CDs, investments in money market funds are not guaranteed.
There may be a $5 or $1,000 bill lying on the sidewalk, but it’s up to you to pick it up.
Don’t let the excitement and envy of somebody else’s hitting an improbable jackpot blind you to the cold, hard, mathematical probabilities of long-term investment success.
Sentiment has been crushed. Some investors have lost faith, thrown in the towel, and abandoned the stock market.
There is an unconventional school of thought that says the recent Great Recession was … a balance-sheet recession.
The “Morningstar Style Box” was introduced by the Chicago-based research firm in 1992 to help investors and advisers determine the investment style of a fund.
Wouldn’t it be nice to be smart enough to sell at the top and nimble enough to buy back in at the bottom?
First, by and large, community banks did not participate in the activities that led to the financial crisis.