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My Sunday Washington Post Business Section column is out. This morning, we look at Ritholtz’s rules of investing (part II).
Here’s an excerpt from the column:
“This week, we’re going to pick up with my rules for investing. These rules come from 20 years of experience – or 20 years of learning from my own mistakes. My list is designed to help you understand what you face as an investor and avoid the sorts of errors that cost many investors a lot of money. Understanding the philosophy here will result in fewer losses, better performance and more restful nights.
Because I didn’t want to overwhelm you, I broke the list into two parts. Before we get to this week’s list, you can read the first part here. Those six rules were: 1. Cut your losers short, and let your winners run.
2. Avoid predictions and forecasts
3. Understand crowd behavior.
4. Think like a contrarian.
5. Asset allocation is crucial.
6. Decide if you are an active or passive investor.Let’s move on to part two . . .>
For some reason, my WaPo print edition access is not working (if anyone can send that PDF, I’d appreciate it)
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Source:
Ritholtz’s rules of investing (part II)
Barry Ritholtz
Washington Post, October 14 2012
http://wapo.st/R5J46a
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