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Yes I know it's an article from Seeking Alpha but the author, David Van Knapp, has his head on right. Keep in mind that he is a dividend growth investor but thats not what the article is about.
That article is really WORTH something. I am reminded of the Zurich Axioms. One cannot invest in a straightjacket, stiffly, as if exactly following a recipe for baking bread. One has to develop a good sense of what sort and how much "Body English" to employ. Investing requires reliable research. The numbers cannot be ignored, but a sense of inuition is a necessary ingredient. I mean, "intuition" in the sense it is used in the MBTI. It's not diving at hunches..... http://changingminds.org/explanations/preferences/sensing_intuiting.htm
@Mindy - if you're referring to the first graphic it's merely showing the price fluctuation of a share of Apple stock over a slightly less than 'one' day time period (or trading session).
When I was able to play golf, I re-shafted, re-gripped and changed my clubs far too often. Come to think of it, my collection of old clubs resembles my portfolio: too many funds, too frequent trades, too much change for the sake of change.
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