Singapore Money Mind: Of tangents and orbits
Hasmukhbhai T. Parekh. In an Uncertain World. The Ben Graham Centre for Value Investing. Prof Sanjay Bakshi's blog. This blog has whatever I like about investments. View my complete profile.
Singapore Money Mind: March 2011
At equal returns, public investments are generally superior to private investments not only because they are more liquid but also because amidst distress, public markets are more likely than private ones to offer attractive opportunities to average down. Buy on the way down. Never risk short-term cash. Do not accept principal risk while investing short-term cash: the greedy effort to earn a few extra basis points of yields inevitably leads to the incurrence of greater risk, which increases the likelihood...