I
have documented over 1,600 investment strategies used by
professionals, and have looked at their pros and cons.
While there is no perfect strategy, the chief pitfall in their usage
is usually the lack of discipline employed to follow through, not the
strategy itself.
Additionally:
I discovered why markets can be so rash and erratic. When
institutional investors account for 80% and more of trades, why
should the markets behave so erratically? Wall Street "wizards"
invariably act in an undisciplined, mob-like manner; not as true
experts.
Their
investment results speak accordingly. (See the Earl J. Weinreb
NewsHole® comments.
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