Saturday, October 12, 2013

Principles of Long-Term Investing

This is a basic overview by David Chang, but it doesn't hurt to review...

Part 1

1) Focus on total return

2) Invest for longevity

3) Avoid chasing the crowd

Part 2

4) Be flexible and diversified

5) Buy value, not future economic outlook

6) Take the proper amount of risks

Part 3

7) Learn from your mistakes

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