Investing’s Great Minds Think Alike
(Forbes) — It’s always calming in these uncertain times to review the sage advice provided by investing greats such as Benjamin Graham, Warren Buffett, Peter Lynch, David Swenson and Jack Bogle, as well as the words of some gifted academics, many of them Nobel Laureates. Their wisdom transcends the day-to-day noise in the financial markets. One common thread from the thoughts of these legends is that they humbly admit that they can’t predict the market and they don’t believe people should try. Rather, these great minds all recommend following a simple asset allocation strategy that doesn’t rely on predicting the future.