10x45 Bargain Hunter: Stock Screener for Value Investors, June 14, 2010
Golden Rules
1) Every bear market is followed by a bull.
2) Bear market is rarer than bulls.
3) To get a true bear market, there must be a negative fundamental event that will take the market by surprise.That is , not price in.
4) One must develop self-control, both to refrain from attempting to profit by the monthly fluctuations, which 95% of the people endeavor to follow, and to act quickly and take advantage of the major movements, which 95% of the people fail to profit by, either because they are infatuated with prosperity or scared by panic or depression.
5) One must develop patience, and remember that it takes years to build up a fortune in this way, and that is an especially slow process as first...
6) Market is about relative expectation, not absolute result.Look for reality that different with what market has priced in.
2) Bear market is rarer than bulls.
3) To get a true bear market, there must be a negative fundamental event that will take the market by surprise.That is , not price in.
4) One must develop self-control, both to refrain from attempting to profit by the monthly fluctuations, which 95% of the people endeavor to follow, and to act quickly and take advantage of the major movements, which 95% of the people fail to profit by, either because they are infatuated with prosperity or scared by panic or depression.
5) One must develop patience, and remember that it takes years to build up a fortune in this way, and that is an especially slow process as first...
6) Market is about relative expectation, not absolute result.Look for reality that different with what market has priced in.
Friday, November 19, 2010
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