Oliver's Insights - Four rules for successful investing
This note looks at the issue of investment strategy from a broad perspective.
The key points are as follows:
- The roller coaster ride in investment markets over the last two years highlights the need for investors to have a disciplined approach to investing.
- Economic and investment forecasts are often seen as central to investing, but while they can be useful, they should be treated with caution and are no substitute for having a disciplined approach to investing.
- There are four key rules to successful investing. First, respect the market and for most this means that the best approach is to have a long-term strategy and stick to it. Second, have a disciplined process. Third, be flexible, and fourth, know yourself.
