Worth Reading

These links are worth following and the articles are worth reading:

Why Value Investing Is Hard

Jason Zweig on what ails investors

Barry Ritholtz distinguishes between the short-term and long-term problems of the U.S. economy and looks at secular bear markets

6 rules for investing in a down market

Felix Salmon on the opportunity cost of not buying stocks

Triumph of the Pessimists

Mathematical models help assess risk, but don’t do as well predicting returns

If you are gaining weight, blame the market

Are management fees too high?

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