The Thinking Investor
Tuesday, April 22, 2008
Be Afraid. Be Very Afraid.
The inflation figures for March came out last Wednesday. Yikes. Just when you thought it was safe to retire. I am often surprised at some of the punditry surrounding the release of inflation data. First of all, you should know that we really don't have an accurate feel for the inflation data until at least six months after the fact. The Labor Department releases figures about two weeks after the end of each month, and often revises those figures down the road sometime later.Nonetheless, I would consider the year-over-year inflation figure of 4.0% to be pretty reliable. The commentary accompanying that figure (from Wall Street, mostly) is largely focused on the fact that most of the 4.0% is attributable to only two categories: food and energy.
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posted at 07:28:33 PM | permalink
Monday, March 31, 2008
What's Your Investing Style?
Good investors have style. That is, they have a style. Like most things in life, you do best at something if you figure out a way that works for you and then you focus your energies on getting really, really dialed into that one thing. One's investment style is what governs the choice to get into or out of any particular investment or asset class.There are growth investors and momentum investors and value investors and on down the line. After spending the better part of 25 years watching all these styles, it strikes me that there is really only one style that will win the game and produce satisfying results consistently. That style involves the invocation of two simple rules:
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posted at 04:57:06 PM | permalink | comments (1)
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Investment Style
If this is indicative of future blogs it is going to be really great. I've been investing in stocks for 20 years, reading investment newsletter and the Wall Street Journal, and have never heard of "investment style" It makes total sense to me. Thanks!