posted by mark
on Fri, 09/14/2018 - 09:40
Article Link:
In robust securities markets, as we are currently experiencing, it is always wise to ground ourselves. It is very easy to get wrapped up in the excitement of a bull market. Keeping a level perspective and grounding ourselves in fundamental principles can save us from ourselves.
Klarman is one of the great value investors and he echoes the same mantra as Buffett. In this older article, he points out 12 fundamental principles he abides by in his management of his very successful company – Baupost Group LLC.
It is a quick read and well worth your time.
Be safe, be smart, be prepared, be well read and be successful!
