Staying the Course
Investors Fight Strange Winds
Sticking with a strategy is smart, but sticking with it isn't always so simple.
This article is for subscribers only.
Here’s a delicious paradox: Despite easy access to mountains of financial data and vast computing power to process it, investing remains a stubbornly superstitious and emotional pursuit.
Perhaps that’s why the personal attribute that investors prize most -- more than smarts or diligence or trading savvy -- is discipline. Pick an investment philosophy, the saying goes, and stick to it. And if it makes sense, that’s even better.