! Rules of Thumb and Key Phrases: Gleaning the Nuggets of Truth
Charles Trzcinka is a senior economist for the U.S. Securities and Exchange Commission, as well as the James W. & Virginia E. Cozad Chair in Finance at the Kelley School of Business, Indiana University, Bloomington. He is also co-author of Forbes/CFA Institute Investment Course (John Wiley & Sons, 2011).
Stephen M. Horan is a managing director at CFA Institute, providing leadership to the credentialing programs.
Vahan Janjigian is a chief investment officer at Greenwich Wealth Management LLC and editor of the Money Masters Stock Report. He is also author of “Even Buffett Isn’t Perfect” (Portfolio, 2009) and co-author of Forbes/CFA Institute Investment Course (John Wiley & Sons, 2011).


Greg Anthony from MS posted over 5 years ago:

Here's another one regarding being greedy and selling too late: "It's easier to live with lost opportunity than lost money".

Buck Bowling from OR posted over 5 years ago:

The entrepreneur and the investor are strangely aligned in one respect: i.e.,it takes guts to put one's wallet on the line.

John Portwood from LA posted over 5 years ago:

Concerning number 13 "being more right than wrong": Investing is a game of hand grenades and horse shoes;close is good enough. Our stock selection hit ratio has been 55% to 57%, historically speaking, and that has been good enough to deliver more than satisfactory long -term returns.Just remember that you must periodically weed the garden and get rid of portfolio positions that no longer meet your particular investment criteria.

Ronald Zaremba from WA posted over 5 years ago:

Actually, Daniel Drew's quote is " Anyone who plays the stock market not as an insider, is like a man buying cows in the moonlight." Source, "If Ignorance is Bliss,Smart Quotes for Dumb times" by John Lloyd and John Mitchinson

Ron Frend from CA posted over 5 years ago:

I kind of like Woody Allen:

"Rich is better than poor,... if only for financial reasons."

Howard Becker from NY posted over 5 years ago:

good thoughts for new year.


Vaidy Bala from AB posted over 5 years ago:

Bottom line is good high school education and (plenty of) Common Sense, I will add high intensity to learn, will beat all who claim. Good Example: George Sorrows (spelling may be wrong), self taught Billionaire giving millions for charity since decades, there are other luminaries in the USA!

Sorry, you cannot add comments while on a mobile device or while printing.