This morning, I got an interesting question from a reader. Referring to one of my past stock recommendations, Karoon Energy (KAR on the ASX), he asked if he should sell because he was down 50%.
Many professional investors, from Warren Buffett, to Stan Druckenmiller, look foolish right now. They’re focussed on avoiding risk. A focus on minimizing risk is actually the number one trait of every truly successful investor and trader.
Last Friday, zero shares traded on the Dar es Salaam Stock Exchange. The same day, the NASDAQ in the USA traded 6,572,850,000 shares – an all-time high. I believe one of these statistics signals an opportunity, near the bottom. The other signals danger…
I have a friend in Hong Kong who works for a successful investment fund. His firm manages nearly $6 billion.
To generate a 10% return on their funds under management, they would need to see their portfolio …
Almost every investor in the world knows Warren Buffett. But, if you’re not as old as me, and don’t know Peter Lynch, he was one of the most famous and successful fund managers in the 1980s and early 1990s.