Strategy

strategy

After making an investment decision requires a comprehensive strategy to pick up. Should I take kontrariansky approach ", as did the founder of" Fidelity "Edward Johnson? It may be dangerous to go with the crowd, he says, the crowd "tend to commit suicide." Should I think in the long or short term? Peter Bernstein estimates the time factor, weighing the importance of volatility, liquidity and the need for income.



The timing - a critical element of strategy formulation, because,as claimed by the vice-chairman of the "EF Hatgon" Gerald Lobe, made ??more errors when deciding yugda sell, not when to buy. It was then lost most of the opportunities. Other considerations include the diversification, with the purchase of margin and the mysterious "catalysts" Mario Gabelli. Gabelli for example, describes how strategic can detect "catalysts" to increase your net worth. Following the strategy, subject to its periodic reassessment, remove from the investment element of gambling.