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Popular Investment Methods & Theories Books |
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Popular Investment Methodologies: Articles |
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New Wall Street Line Dance: The Working Capital Model
Summary:
It matters not
what lines, numbers, indices, or gurus you worship, you just can't know
where the stock market is going or when it will change direction. Too much
investor time and analytical effort is wasted trying to predict course
corrections... even more is squandered comparing portfolio Market Values
with a handful of unrelated indices and averages. If we reconcile in our
minds that we can't predict the future (or change the past), we can move
through the uncertainty more productively. Let's simplify portfolio
performance evaluation by using information that we don't have to
speculate about, and which is related to our own personal investment
programs. |