Posts filed under “Rules”

10 rules to Win the “Loser’s Game”

Paul B. Farrell of MarketWatch reminds us of a good list of strategies, courtesy of Charles Ellis’ classic "Winning the Loser’s Game: Timeless Strategies for Successful Investing."

1. Never, never speculate.
2. Your home is not a stock.
3. Save lots more.
4. Brokers aren’t your friends.
5. Never trade commodities.
6. Avoid new and exciting deals.
7. Bonds also ride up and down.
8. Never invest for tax benefits.
9. Write goals and stick to them.
10. Never trust your emotions.

Farrell notes that several investing luminaries have heaped praise on the book: "Management guru Peter Drucker calls it "the best book on investment policy and management." Jack Bogle credits Ellis’s book as the inspiration for his first index fund in 1976.

Ironically, the book was written in 1975 in order to help his fellow money managers "improve their game."

Perhaps it will improve yours as well.


You can win ‘The Loser’s Game’
Let Ellis’ classic 10 rules guide your strategy
By Paul B. Farrell,
MarketWatch, 6:17 PM ET July 10, 2005

Category: Books, Investing, Psychology, Rules

Louis Ehrenkrantz’ 7 Golden Rules for Investing

Category: Investing, Rules

10 Biggest Mistakes of Novice Real Estate Investors

Category: Investing, Real Estate, Rules

Apprenticed Investor: The Zen of Trading

Category: Investing, Psychology, Rules, Trading

John Murphy’s Ten Laws of Technical Trading’s Chief Technical Analyst, John Murphy, has created another set of trading rules:   “Ten Laws of Technical Trading:” “Which way is the market moving? How far up or down will it go? And when will it go the other way? These are the basic concerns of the technical analyst. Behind the charts and graphs and…Read More

Category: Rules, Technical Analysis, Trading

12 Rules of Investing

Category: Investing, Rules

(Why) You Suck at Investing

USA Today had an interesting article this past week (it happens). The discussion was on the fact that Most Americans no good at investing. A more accurate title would have been "Humans not good at investing." There’s a very specific reason for this; It is something I am in the middle of writing up, and…Read More

Category: Apprenticed Investor, Investing, Psychology, Rules

Find Your Trading Edge

Category: Investing, Rules

Want to Be a Trader?

Category: Investing, Markets, Rules

Exit Strategies

Category: Investing, Rules