SubscribeAll Posts Tagged With: "buffett strategy"
Nevermind Warren Buffett, market timing works
Bear market mauls even defensive stocks
Wall Street likes to suggest that investors can readily handle a bear market by simply selecting the right stocks or sectors, the ‘defensive’ stocks. That has never worked in the past, and did not in this bear market.
Even the best ‘stock-pickers’ in the world, like Warren Buffett, and mutual fund managers, were again unable to avoid the carnage. Buffett for example, is down 40% for the year. His undeniably superior stock-picking ability has almost the same loss as the market itself (Buffett was also down 49% in 1999-2000). Can an ordinary investor hope to…
Loading ...
