When Buy-and-Hold Dies - A Wealth of Common Sense

When Buy-and-Hold Dies - A Wealth of Common Sense

During bull markets there are always certain investors who take things too far. They chase performance, take on too much leverage, speculate on fad investment themes and abandon diversification. Then the tide goes out and we find out who’s been swimming naked as Warren Buffett likes to say. Bear markets and corrections also cause mistakes on the opposite end of the spectrum. When the stock market goes down, certain ...