Links to Great Articles on Investing


Links to great articles on investing

Here is a nice post by Nooresh Merani on not to get impressed by short terms returns in markets.

Here is an Investopedia Article which very sensibly talks about why a long term view is important to be a successful investor.

Long term investors are often in a dilemna if a stock they own runs up a lot. If they would not buy fresh stock at that price, should they sell? Here is a post by Sanjay Bakshi on the notion that for long-term investors in high-quality businesses, the rules for buying a stock and those for holding a stock are not the same.

Here is an extraordinary article on how to rationally evaluate the different returns that different asset classes obtain, and how to diversify away risk and volatility by constructing a portfolio. The conclusions are not great for someone seeking Alpha, as the author suggests that because diversification is extremely easy these days, and because there is a long history of markets, stock market valuations would rise to a point where the differential in return between stocks as an asset class and other asset classes like government bonds will narrow or disappear.

Here is a great post on different levels of investors, and how one can progress (if at all) from being a good investor to being a great investor, and from being a great investor to being a legend.