What Makes a Great Investor? Count to Ten.

“Perhaps the single greatest error in the investment business is a failure to distinguish between the knowledge of a company’s fundamentals and the expectations implied by the market price,” writes Michael Mauboussin, managing director and head of Global Financial Strategies at Credit Suisse, in a paper published last week. Mauboussin shares his insights and reflections on how the investing world has changed over the past 30 years, the challenges investors face, and the importance of accounting as the “language of business.” He also outlines what he views as the “Ten Attributes of Great Fundamental Investors”: Be numerate. To be a […]