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Applied Investing Series: Patient Investing in Uncertain Markets
In the words of 19th century American theologian Elliott Walter, “Perseverance is not a long race. It is many short races one after another.” Hopefully, you’ve scarcely noticed the long course we’ve run throughout most of 2011, as I shared my “Applied Investing Series” to you in six short installments. Beginning in March and culminating in this final letter, we’ve covered a lot of ground, including: goals-based investing (March), the role of market faith (May), the power of diversification (June), elements of sound fund construction (August) and the benefits of rebalancing (September).
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