27 Feb '12, 12am

10 Investment Advice for New Investors from Jeremy Grantham

10 Investment Advice for New Investors from Jeremy Grantham

We can agree that in real life as opposed to theoretical life, this is the hardest advice to take: the enthusiasm of a crowd is hard to resist. Watching neighbors get rich at the end of a bubble while you sit it out patiently is pure torture . The best way to resist is to do your own simple measurements of value, or find a reliable source (and check their calculations from time to time). Then hero-worship the numbers and try to ignore everything else. Ignore especially short-term news: the ebb and flow of economic and political news is irrelevant. Stock values are based on their entire future value of dividends and earnings going out many decades into the future. Shorter-term economic dips have no appreciable long-term effect on individual companies, let alone the broad asset classes that you should concentrate on. Leave those complexities to the professionals, who will on...

Full article: http://www.investmentmoats.com/on-great-fund-managers/jer...

Comments

  1. 05 Apr '13, 8am

    This could be a good guide for new investors.

    • See on:

Tweets

10 Years of Link Building Advice

wiep.net 26 Feb '12, 2pm

This is a guest post by Melissa Campbell, Content Manager at Distilled . Link building has been as essential part of searc...

What's New in Edge Rails #10

afreshcup.com 27 Feb '12, 11am

Monday, February 27, 2012 at 5:58AM Week of February 19-February 25, 2012 The biggest news this week comes on the REST fro...

My Best Career Advice - Work for a Start-up: Po...

seomoz.org 27 Feb '12, 5pm

In September 2003, I took the plunge. I left the security of my job at a large corporation and jumped ship, moved city, an...

Chinese Investors Purchase Bordeaux Wine Estates. W/ same Standards for baby formula & pet food? :-( via @editions

Chinese Investors Purchase Bordeaux Wine Estate...

hauteliving.com 25 Feb '12, 8am

Extremely wealthy Chinese investors have been snapping up Bordeaux wine estates, right in the heart of France’s most exclu...

Trademark dispute looming over who discovered Jeremy Lin

Trademark dispute looming over who discovered J...

straitstimes.com 27 Feb '12, 11am

A Chinese basketball fan prepares to buy a New York Knicks Jeremy Lin T-shirt as they go on sale at a sporting goods store...

Investment firm files cybersquatting case to ta...

domainnamewire.com 27 Feb '12, 3pm

Company files cybersquatting lawsuit to get control of inflammatory web site. San Francisco based investment firm New Isla...

10 Preventable Social Marketing Mistakes

promotionworld.com 27 Feb '12, 8am

Social media has made a profound impact on the way businesses market their products and services. Did you think Facebook a...

2011 saw US$ 7.2 billion worth of Internet investment and acquisition deals in Asia-Pacific | e27

2011 saw US$ 7.2 billion worth of Internet inve...

e27.sg 21 Feb '12, 1am

Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic. Powered by WP Gre...

[NEWS]: Nike Zoom Hyperfuse Low iD for Jeremy Lin

[NEWS]: Nike Zoom Hyperfuse Low iD for Jeremy Lin

nicekicks.com 25 Feb '12, 2am

Nike Zoom Hyperdunk 2011 Low Jeremy Lin PE we showed you earlier, we now have close-up images of the shoe Jeremy Lin will ...