Friday, January 28, 2011
Investment advice from the movies
I thank Todd Brunskill from First Rate for bringing this paper to my attention via Linkedin: some interesting quotes with commentary by CFA Institute's Director, Investor Education, Thomas Collimore. It's clever, humorous, memorable and insightful. I think you'll like it.
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“Hello. It’s my broker. What? Then buy, buy, buy! Oh, everyone’s buying? Then sell, sell, sell!” - Rodney Dangerfield as Al Czervik in Cadyshack (1980)
ReplyDeleteDon’t follow the herd. Be a contrarian—when everyone is running for the exit, that’s the time to get in. The herd is usually wrong and usually late.
Joe, thanks! We now have #11; can there be more?
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