Rules of Investing

Barry Ritholtz has a great list of investing rules, originally posted in two parts with descriptions in the Washington Post here and here. He recently reposted the consolidated list on his blog, The Big Picture, and it’s too good not to share. Every investor has their own process and decision-making rule set (or at least should), and while there’s no one approach that’s right, there are plenty that are wrong. Barry’s rules, at least in my opinion, are effective guides to help avid common mistakes and pitfalls. They’re broad enough that I think they’re applicable to investment activities ranging from managing a personal 401k or IRA all the way up to running a hedge fund or advisory firm. At the risk of

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