Jeff Saut: Survival Is the Name of This Game
I had so many requests to write up last Tuesday’s verbal strategy comments that I decided to do so this morning. I'd like to begin this morning’s comments with a quote from author stock market historian analyst and portfolio manager the brilliant Peter Bernstein:“After 28 years at this post and 22 years before this in money management I can sum up whatever wisdom I have accumulated this way: The trick is not to be the hottest stock-picker the winning forecaster or the developer of the neatest model; such victories are transient. "The trick is to survive. Performing that trick ...
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