Over the years I have learned many investment adages, which I recite to my team whenever I get tired of thinking and need to reduce complex situations to bite-size chunks of wisdom.
I like your advice on when to average down and when not to. And I absolutely love the phrase about Jews and Hitler, and believe non-Jews should be free to use it too. You’re right, it’s weighted down with historical (market) context.
Sell in May and go away. It may have been true pre Fed when lending was tied to harvests and the amount of grain stored in silos, but today it’s ridiculous.
I like your advice on when to average down and when not to. And I absolutely love the phrase about Jews and Hitler, and believe non-Jews should be free to use it too. You’re right, it’s weighted down with historical (market) context.
investors need to see the forest and not just the trees
If you are going to panic, panic early
That’s a good one and pretty true
Sell in May and go away. It may have been true pre Fed when lending was tied to harvests and the amount of grain stored in silos, but today it’s ridiculous.
These seasonal rules always work until they don’t.