I try to focus on companies that are good operators; they manage their base of insurance businesses well, rather than those that are clever investors, because the ability to be clever
investors over the long run is much harder than being a well - run insurer.
The fact is, you should be focused on avoiding fees - fees are the biggest cost for
investors over the long run.
Not exact matches
Damn the
investors for making money on such lunacy, damn the paranoiacs who think the added fluoride in our public water systems is a mind - control drug, damn the Times for
running a massive photo of a startup founder who thinks water «expires» and is described as «sitting naked and cross-legged on a hot spring, his
long brown hair flowing
over his chest.»
For example,
investor Jack Bogle predicted at the outset of the Trump administration that the president's proposed infrastructure spending would be good for the economy in the short term but would be detrimental to the economy, stock market and society
over the
long run.
There are plenty of studies showing that value strategies outperform other types of investing strategies (especially
over the
long run), but you really only have to look at some of the world's most successful
investors, like Warren Buffett, Seth Klarman, and Mario Gabelli, to understand that value investing works.
We have
long argued that it is vital for
investors to filter out the noise that creates short - term flash points and instead stay focused on the secular themes that are driving valuations
over the
longer run (such as demographic trends and technological innovation).
The speculator will drive prices to extremes, while the
investor (who generally sells when the speculator buys and buys when the speculator sells) evens out the market, so
over the
long run, stock prices reflect the underlying value of the companies.
His book, Concentrated Investing: Strategies of the World's Greatest Value
Investors goes into great detail on how the strategies of some of the most successful investment legends have achieved phenomenal double - digit average annual returns
over the
long run.
Research shows that,
over the
long run, holding 2 percent to 10 percent of an
investor's portfolio in gold can improve portfolio performance.
Many
investors, young and old, don't understand the huge impact that fees can have on their money
over the
long run.
Inconsistency is what
investors have to endure in the short
run to beat the market
over the
longer term.
This was exasperated recently when I was discussing the case of how most
investors misunderstand how it can actually be good
over the
long -
run to change a company's capitalization structure to replace equity with debt by borrowing funds on a
long - term, low - cost, fixed - rate basis to repurchase stock, lowering the total count of outstanding shares.
The 2008 Best of the Hot List includes articles about why stocks have consistently been the best way to build wealth
over the
long -
run, why fear can present opportunities for
long - term
investors, and the market's returns under Democratic presidents.
While bonds fluctuate less than stocks
over the short
run, they'll deliver less in the
long run, so it's critically important for
investors to balance their ability to handle volatility today in order to accomplish their goals tomorrow.
But
over the
long run, he sees international
investors moving away from the dollar and the United States.
The stock market is proven to be the best way for
investors to make returns
over the
long run, even through recessions and other catastrophic events.
Although great at the time, returns in excess of 10 % should be considered gravy and the
investor should expect that
over the
long run, their rate of return is going to average 10 %.
Second, halting some takeovers can generate a greater net benefit
over the
longer run for
investors as a group.
History shows stocks have generated the best returns of any asset class
over the
long run within North America — but they are volatile in the short
run and
investors who track things too closely are more likely to be frightened out of their positions prematurely.
The author was bang on in his coin toss analogy to illustrate the point that
investors can't just assume that
over the
long run currency hedging balances itself out.
As a
long term
investor I ride the roller coaster of ups and downs with the knowledge that
over the
long run the returns will average out to a solid 7 - 8 % growth.
Over the (very)
long run, equities out - perform bonds and cash, as is evident below, but may not be practical alternative to bonds for many
investors, because of investment horizon, risk - tolerance, dependence on yield, or all the above.
Our strategies strive to dampen risk and preserve capital during turbulent times and to give our
investors the best chance to achieve returns that are balanced, mindful of downside risk and sustainable
over the
long run.
Replacement cost is a very valid way to think about property valuation in the
long term, and
investors buying below replacement tend to well
over the
long run.
Investors earn the carry as their return if spot prices do not change, and risk manifests through changing spot prices.5 Momentum and value, in contrast, aim to take advantage of those changes in spot prices — momentum
over the short
run, and value
over longer horizons.
What any
investors don't realize is that
over 40 % of the
long -
run return of the S&P 500 has come from dividends.
As the chart below shows,
over the
long run,
investors would rather hold gold than paper when «real» interest rates are negative.
Check out «Stocks for the
Long Run» for one example of the use of margin over the long term — there is a chart in there with recommended equity exposures — it is interesting to note that for younger investors, the suggest allocation to stocks is greater than 10
Long Run» for one example of the use of margin
over the
long term — there is a chart in there with recommended equity exposures — it is interesting to note that for younger investors, the suggest allocation to stocks is greater than 10
long term — there is a chart in there with recommended equity exposures — it is interesting to note that for younger
investors, the suggest allocation to stocks is greater than 100 %.
the average
investor)
over the
long run due to superior timing, stock selection, asset allocation or hedging, despite (usually) higher management fees and lower diversification.
Investors must recognize that while
over the
long run investing is generally a positive - sum activity, on a day - to - day basis most transactions have zero - sum consequences.
I prefer VTI
over XSP because I can a one - ETF exposure to the entire US market (including small - caps) and I don't think that
over the
long run investors need currency hedging.
His book, Concentrated Investing: Strategies of the World's Greatest Value
Investors goes into great detail on how the strategies of some of the most successful investment legends have achieved phenomenal double - digit average annual returns
over the
long run.
Consistent performance by the fund's manager, or managers,
over a
long period of time indicates the fund will likely pay off well for an
investor in the
long -
run.
«
Investors believe that
over the
long run security prices tend to reflect fundamental developments involving the underlying businesses....
Therefore,
over the
longer run, I think a portfolio comprised of these 20 research candidates should provide the above - average and growing income stream that many retired
investors are looking for.
Paying high fees similar to what most mutual funds charge will leave an
investor with significantly less wealth
over the
long run.
Now, I'm even more convinced that it's one of the surest ways for do - it - yourself
investors to build wealth
over the
long run - without taking excessive risk.
On the contrary,
over the
long run it can be of enormous benefit to the patient
investor.
2) Time is
running out — rapidly rising
long - term inflation expectations indicate that the average
investor does not trust monetary policy to succeed
over the next 20 + years.
Investors may
over-react to earnings «misses,» political or global news headlines, and other things that
over the
long run have nothing to do with the ability of a company to produce and to grow its earnings.
History shows that
investors taking such a risk have been rewarded with positive returns
over the
long run that should be greater than the expected return of cash investments.
If the
investor was someone who wanted to grow her money but not take on too much risk, this strategy did fantastically well
over the
long run.
As
long as
investors continue to be overconfident in their abilities to consistently pick winners, and myopic enough that even a year of underperformance is enough to send them
running, then strategies such as the Little Book are likely to continue to do well
over the
long run.
These two factors lie behind most of the losses that retail
investors suffer
over the
long run, not active management fees.
To earn substantial returns in the
long run, an
investor should find situations where they possess an analytical edge
over the market and allocate capital using the Kelly criterion discussed in the article.
Believers of the theory hold that any new development is quickly reflected in a company's stock price, making it impossible for an
investor to beat the market
over the
long run.
«
Investors believe that
over the
long run security prices tend to reflect fundamental developments involving the underlying business,» Klarman writes in his opening chapter.
The successful transaction also marks an end all claims relating to a
long -
running investor - state international arbitration between Algeria and GTH, in which Akin Gump were instructed, which was administered by the Permanent Court of Arbitration, as well as ending various disputes between OTA and a number of public entities
over tax claims before the Algerian courts.
Netflix stock is pricey, but
over the
long run it's provided consistent growth for
investors patient enough to let it
run its course.
Many years ago, like many high profile
investors, Bass remained skeptical towards bitcoin and its price trend
over the
long run.