March 25, 2009

Investment Paralysis

On Investment paralysis by GMO's Jeremy Grantham
those who were over-invested will be catatonic and just sit and pray. Those few who look brilliant, oozing cash, will not want to easily give up their brilliance. So almost everyone is watching and waiting with their inertia beginning to set like concrete.
What to do?
You absolutely must have a battle plan for reinvestment and stick to it.

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