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Montier: Seven Immutable Laws of Investing

Posted By Barry Ritholtz On March 9, 2011 @ 10:30 am In Investing,Psychology | Comments Disabled

Don’t-walk-run to read GMO’s James Montier Seven Immutable Laws of Investing:

1. Always insist on a margin of safety
2. This time is never different
3. Be patient and wait for the fat pitch
4. Be contrarian
5. Risk is the permanent loss of capital, never a number
6. Be leery of leverage
7. Never invest in something you don’t understand

The full post is found at GMO’s site [1].


A Better Sentiment Measure: DrKW’s Fear & Greed Index [2] (February 2006)

James Montier Resource Page [3] (July 2010)

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2011/03/montier-seven-immutable-laws-of-investing/

URLs in this post:

[1] GMO’s site: https://www.gmo.com/America/MyHome/

[2] A Better Sentiment Measure: DrKW’s Fear & Greed Index: http://www.ritholtz.com/blog/2006/02/a-better-sentiment-measure-drkws-fear-greed-index/

[3] James Montier Resource Page: http://www.ritholtz.com/blog/2010/07/james-montier-resource-page/

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