/Quick Point/ – Savvy Investment Manager: Time to Use Contrarian Approach and Buy US Stocks
Important read: “You Should Have Timed the Market” (By Brett Arends September 29)
Key items:
1. Midway through article:
“… over the past decade it was actually quite easy to time the market. All you had to do was buy when the public was selling, and sell when the public was buying.
“Naturally, going against the crowd is easier said than done. That’s why the best professional investors like to say that successful investing is ‘simple, but it isn’t easy.’”
2. Last six paragraphs, starting with:
“Last week I was in London, visiting one of the best investors I have ever known….”
/Quick Point/ – An observation relevant to current investment trends and recent Investment Directions’ articles.
