Some Excellent Points from a Humble Economist Who Loves His Mom

As this article – and its five key points (listed below) – demonstrate, the world’s smartest economists focus on staying close to their mothers and recognizing that some of life’s most fundamental values (in particular, humility and respect) offer some of the best, and too frequently overlooked, investment advantages . . .

“What Stock to Buy? Hey, Mom, Don’t Ask Me.” The New York Times, 5/18/2013

  1. THE MARKET PROCESSES INFORMATION QUICKLY
  2. PRICE MOVES ARE OFTEN INEXPLICABLE
  3. HOLDING STOCKS IS A GOOD BET
  4. DIVERSIFICATION IS ESSENTIAL
  5. SMART INVESTORS THINK GLOBALLY

 

 

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