Seven Principles of Investment Management
Many Investment Gurus, with a straight face and a gleam in their eye, will
insist that successful investing is a function of expansive research, skillful
market timing, and detailed technical analysis. Others emphasize fundamental
information about companies, industries, and markets. But trends and numbers are
secondary to a thorough understanding of the basic principles of Investing and
Management, and their interrelationships. The ingredients for a successful
investment portfolio are these:
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