1. Consistently invest in a diversified baskets of stocks that represent the real economy -- especially when prices are cheap.
2. Don't bail out at the worst of times. Then, you will not get a fair value for the businesses that you own.
3. Try to minimize your cost as much as possible. All the more you should buy when you see businesses going on sale at a cheap price during depressed market conditions.
(Source: Page 33, The Sunday Times, 20 April 2014, "How to win at a winning game" by Teh Hooi Ling. The author, a CFA charterholder, is head of research in no-management fee value fund mananger Aggregate Asset Management.)
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