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To give an example of something a smart investor would do, Warren Buffett supposedly only invests in industries he understands in depth: http://www.investopedi
by ZenoArrow 9y ago
To give an example of something a smart investor would do, Warren Buffett supposedly only invests in industries he understands in depth:
http://www.investopedia.com/articles/05/012705.asp http://www.investopedia.com/articles/05/012705.asp
What proportion of investors would you suggest show such restraint? Over half?
- lmm 9y agoThe proportion of "investors"? Low. The proportion of market capital allocation, among people doing active allocation for long-term buy and hold strategies? Very high.