This thread is about INVESTING FOR THE LONG RUN. I believe the best way to build lasting wealth is through steady capital appreciation combined with strict control of downside risk. Betting on drastic gains with substantial volatility is not a viable long-term strategy. I emphasize stock selection that focuses on good growth prospect, great potential for price appreciation, and a history of solid performance. I also emphasize portfolio diversification to further control risks. The objective is to construct well-balanced portfolios that typically return more than the benchmark S&P 500 in bull markets and decline less – if any – in bear markets.
This investment approach has produced stock portfolios that consistently beat market benchmarks and hedge fund indices by a wide margin, with annualized returns of over 40%. The approach also allows investors to stay emotionally detached from the short-term swings of the market, so one can sit back and enjoy the finer things in life.
Let’s use this thread as a forum to share ideas about how to INVEST FOR THE LONG RUN. Anything related to this theme, including general strategies and specific stock picks, is welcome.
If you are interested in further pursuing this theme, you can also find more information and writings at cambridgeinvest.com |
