Think of stocks as businesses.
Increase the size of your investment.
Reduce portfolio turnover. (tax benefits)
Develop alternative performance benchmarks. (not price-based)
Learn to think in probabilities.
Recognize the psychology of misjudgment.
Ignore market forecasts.
Wait for the fat pitch. (strike when in ideal zone)
easy to understand
favorable long-term prospects
operated by honest and competent people
available at a very attractive price
Last updated 1 year ago