I think it’s easier than trying to play the market and forecast the market’s gyrations. Most investors are outlook-conscious. I’m price-conscious. I have this easy way of measuring price, quantity and quality. Everything is in the balance sheet–the only way you know whether you’ve covered all the bases is to look at the balance sheet.
The market only matters when you enter or exit a position — the rest of the time, it should be ignored. If you approach buying stocks like buying a business, you’ll want to hold onto them as long as the fundamentals are strong. During the time you hold an investment, there will be spots where you could […]
Greg Lippmann, who helped design the trade against subprime mortgages that became known as the Big Short, says the next financial tremors will come from corporate debt. Lippmann of Big Short Fame Says Corporates Will Be Next Pain Source: Bloomberg Please follow and like us:0
Trading Rules by Jesse Livermore was famously profiled in the classic investing tome Reminiscences of a Stock Operator, a book that has been called the best trading book every written. Introduction to Jesse Livermore Jesse Livermore was born in Massachusetts, in 1877. By the age of fifteen he went to work in Paine Webber’s Boston brokerage office where […]