The 7 Laws of Investing

James Montier (Behavioral Investing Blog and member of GMO’s asset allocation team) recently listed his thoughts on a set of principles for investing, via a guest post over at The Big Picture.

Although the “laws” are different than the Principles of Safe Investing on the Invest Safely website, the article is still worth a read for those of you looking to improve your investing process.

1. Always insist on a margin of safety
2. This time is never different
3. Be patient and wait for the fat pitch
4. Be contrarian
5. Risk is the permanent loss of capital, never a number
6. Be leery of leverage
7. Never invest in something you don’t understand

Click here for the full article.

The Seven Immutable Laws of Investing
Barry Ritholtz – The Big Picture”

The 10 Principles of Investing Safely

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1 Response to The 7 Laws of Investing

  1. Ben says:

    Good post! Being patient is key! Check out:

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