Money and Finance
GMO's 4Q 2013 Letter
Link to: Year-End Odds and Ends and Divesting When Discomfited [free registration may be required]
GMO's 4Q 2013 Letter includes Jeremy Grantham’s “Year-End Odds and Ends,” which includes a new series entitled “Investment Lessons Learned” as well as Ben Inker’s “Divesting When Discomfited.”
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Grantham:
Investment Lessons Learned: Mistakes Made Over 47 Years
1) Inside advice, legal in those days, from friends in the company is a particularly dangerous basis for decisions; you know little how limited their knowledge really is and you are overexposed to sustained enthusiasm.
2) Always diversify, particularly for your pension fund.
3) Fraud, near-fraud, or colossal incompetence can always strike.
4) Don’t buy stocks yourself if you’re an amateur: invest with a relatively rare expert or in a low-cost index.
5) Investing when young will start your brain turning on things financial.
6) Painful errors teach you more than success does.
7) Luck helps and finally…
8) Have a convenient mother to be the fall guy.
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Gmo Quarterly Letter: Price-insensitive Sellers And Ten Quick Topics To Ruin Your Summer
Link to: Price-Insensitive Sellers and Ten Quick Topics to Ruin Your Summer (free registration may be required) GMO's 2Q 2015 Letter includes Ben Inker's "Price-Insensitive Sellers," and Jeremy Grantham's "Ten Quick Topics to Ruin Your Summer.".....[Inker] The...
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Gmo's 4q 2014 Letter
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Gmo's Q1 Letter
Free registration may be required. Link to: Looking for Bubbles and In Defense of Risk Aversion GMO's 1Q 2014 Letter includes two pieces on bubbles by Jeremy Grantham ("Looking for Bubbles, Part 1: A Statistical Approach") and Edward Chancellor ("Looking...
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Loyal3 $500 Buy
In the past week I bought the following stocks in my Loyal3 account. Ticker $ invested Cost WalMart ...
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November Dividend
Hello Reader(s), Time to report my November Dividend since everybody else is doing it. DE 10.20T 13.34AAPL 1.41ARCP 12.58KMI 9.24TIS 5.25LTC 3.57CORR 15.21Total:...
Money and Finance