Scorecard # 49 – The Elephant
“If you mix your politics with your investment decisions, you’re making a big mistake.” — WARREN BUFFETT
Scorecard #15 – Noise
… At GreensKeeper, we firmly believe that the short-to-mid-term direction of the markets cannot be successfully predicted with any consistency. Yes, business cable channels will always find a so-called ‘expert’ that made a recent prediction that was spot on.
Scorecard #12 – The Red Dragon and King Canute
… Plunging markets provide the environment in which the seeds of future capital gains are sown. In a declining market, we acquire more earnings power for each incremental dollar invested. Accordingly, lower prices reduce the riskiness of an investment.