A diary of the thought process behind my investment decisions
Run From Conventional Wisdom
In 2009 they heralded "The Death Of Buy and Hold" right before one of the greatest bull runs of all time. At the beginning of 2011 we were bombarded with "Don't Fight The Trend" momentum preaching right before a slow motion collapse of many momentum names and strategies. Beware the conventional wisdom of the day. Have a good night.