Bogle’s Rules of Success for the Everyday Investor, Plus Four Stocks that Make the Grade

In a recent article for Forbes, Validea CEO John Reese recounts some rules for investment outlined by Vanguard’s Jack Bogle in his 2012 book The Clash of the Cultures: Investment vs. Speculation, and how they apply to the everyday investor: Remember Reversion to the Mean: The theory in finance that, over time, a stock’s price will tend to move back to its average. “The trouble comes,” says Reese, “when investors try to predict when such a reversion will take place by timing the market.” Time is Your Friend, Impulse is Your Enemy: Reese cites the philosophy of Warren Buffett that […]