Barry’s Rules

Barry Ritholtz had a nice piece in the Washington Post detailing his 12 rules of investing.   It’s a nice addition to our list here.

1. Cut your losers short, and let your winners run.

2. Avoid predictions and forecasts

3. Understand crowd behavior.

4. Think like a contrarian.

5. Asset allocation is crucial.

6. Decide if you are an active or passive investor.

7. Understand your own psychological make up.

8. Admit when you are wrong.

9. Understand the cycles of the financial world.

10. Be intellectually curious.

11. Reduce investing friction.

12. There is no free lunch.

 

 

-------------------------------------------------------------------------------------------------------------------

Got a comment or question about this post? Send me a message on Twitter or send me an email here and I'll get back to you shortly.

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC. Orcam is a financial services firm offering research, private advisory, institutional consulting and educational services.

More Posts - Website

Follow Me:
TwitterLinkedIn